What is Nationwide Consumer Confidence – United Kingdom in Forex Trading?
Nationwide Consumer Confidence – the United Kingdom is a leading economic indicator for United Kingdom economic growth. It measures the level and intention of consumer sureness in economic activity. It forecast consumer spending, which plays an essential role in overall economic growth. Nationwide Consumer Confidence – the United Kingdom drops to -34 points in May […]
What is National Futures Association (NFA) in Forex Trading?
The National Futures Association (NFA) is an independent, self-regulatory and non-profit organization for the U.S derivatives industry, OTC derivatives, retail off-exchange foreign currency and on-exchange trade futures. Its maintain office is in New York City, and headquarter is in Chicago. National Futures Association (NFA) is not a trade association neither it operates any markets. Congress […]
What is National Australia Bank Business Survey in Forex Trading?
The National Australia Bank Business Survey is an important economic indicator for Australia that rate the level of current business conditions and performance in short term view. The changes in sentiment act as an initial signal of impending economic activity such as investment, hiring and spending. The National Australia Bank Business Survey is based on […]
What is Namibia Dollar in Forex Trading?
Since 1993, the Namibia Dollar is an official currency of Namibia with currency code NAD and symbol $, alternative symbol N$ is used to distinguish it from other dominated dollar currencies. It is subdivided into 100 cents. The South African rand was Namibia’s currency while it was under South Africa rule from 1920 to 1990. […]
What is NAFTA in Forex Trading?
The North American Free Trade Agreement (NAFTA) was signed by United State, Canada and Mexico in order to promote trade between these countries. The agreement eliminated numerous tariffs related to textiles, agriculture and automobiles came into force on 1st January 1994. NAFTA was formed because one fourth of United State of America imports such as […]
What is Myanmar (Burma) Kyats in Forex Trading?
The kyats is an official currency of Myanmar (Burma) with currency code MMK and symbol K or Ks. The coinage of gold and silver kyat was introduced in 1889; the coin of silver kyat was equal in value to Indian rupee. In 1942, the Japanese occupied Burma and introduced a new currency based on the […]