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What Is the Economic Calendar? How to Use It with Forex Data API?

January 17, 2022 Forex

An economic calendar refers to a release of scheduled events or dates that might have an effect on the stock market and Forex in general. These dates might make the market go up or down, leading to serious variations in the prices. If you are creating a portfolio, assessments or chart patterns,

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What is Contract for Differences (CFDs) and How They Work?

January 8, 2022 Forex

We have explained CFDs to you in detail, which allows traders and investors to profit from price action without owning the underlying assets. What is CFD? CFD is a financial instrument known as 'Contract For Difference', and it is a derivative instrument that allows speculation on the price tr

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What Will Drive Forex Markets in 2022?

January 4, 2022 Forex

Forex is one of the most popular known trading platforms. According to a survey by the Bank of England, foreign exchange turnover has reached about $2.98 billion in 2021. It was remarkable in a way that there was a 20% increase within one year. The question is what drove the Forex market in 2021 a

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Top 15 Forex Trading Blogs You Should Start Following Right Now

December 9, 2021 Forex

Are you looking for a forex trading blog? Here are the top 15 picks which can provide you with proper information on how to trade. Did you know that Forex markets had a daily turnover of about $6.6 trillion in 2019? The 2021 market has made approximately $2.4 quadrillion. These numbers suggest t

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FX Rates for Accounting | Forex Data APIs usage area

November 30, 2021 Forex

When it comes to currency, it is wise to be careful with accounting. This is especially the case when dealing with multiple currencies. So, how does one go about it? Let’s jump into FX rates for accounting. Contents: Accounting in Multi-currency Transaction Conversion The Period End Revalu

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Has the Time to Worry About Rising Inflation Come & What Impact Will It Have on Currencies?

November 29, 2021 Forex

According to the federal reserve, the current inflation creep is a temporary thing and will soon pass. However, this is something that can be debatable. Inflation as a whole has been a pain in the neck for the entire world as collective and central banks are irritated by it. There are several ex

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Payment Trends That Affect Treasurers

November 27, 2021 Forex

The ever-evolving age of financing has brought several things to the world. This includes how transactions are made today. Once goods and services required your physical presence and hard cash. That is not the case anymore. The digital age has given birth to innovative technology that may lead t

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Forex Risk Management Mistakes Companies Make

November 10, 2021 Forex

Running a business involves a lot of risk management. A thorough understanding of the various threats a company may face and the development of comprehensive strategies to prevent or mitigate those threats is essential to effective risk management. Foreign exchange risk arises whenever a company doe

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How to Build a Winning Forex Trading System & Website

November 6, 2021 Forex

The Forex trading system thrives on profits and many traders receive huge benefits. Wonder how you can make real profits and retain the money with Forex? You can build a winning Forex trading system and website to get your share of profits. Let’s discuss the main points and steps on how to c

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