How to Trade US Nonfarm Payrolls Private
The term ‘US Nonfarm Payrolls Private’ refers to the monthly change in the number of people employed by private businesses in the United States, excluding the farming industry
Month: August 2023
How to Trade US Average Weekly Hours
The US Average Weekly Hours is a significant economic indicator representing the average number of hours worked per week by non-farm employees in the United States
How to Trade US Average Hourly Earnings
US Average Hourly Earnings refer to the average hourly wage paid to employees in the United States. This economic indicator reflects wage trends and is a key measure of labor cost inflation
How to Trade Canadian Average Weekly Earnings
Canadian Average Weekly Earnings refers to the average gross earnings for all employees in Canada, calculated on a weekly basis
How to Trade Canadian GDP Growth Rate
The Canadian GDP growth rate refers to how much Canada’s GDP has grown or contracted within a specific time period, usually reported on a quarterly or yearly basis
How to Trade Canadian GDP Preliminary
The Canadian GDP Preliminary is the initial estimate of the GDP output for Canada. It is released monthly, providing traders with a timely snapshot of the country’s economic health.
Is The DXY Correlated To The S&P500?
To understand the relationship between the DXY (Dollar Index) and S&P500, it is important to consider the various factors that influence these two indices
Understanding the Sell Wall in Crypto Trading
In cryptocurrency trading, a sell wall refers to a large concentration of sell orders at a specific price level on the order book
Understanding Uniswap (UNI) and Its Impact on the Cryptocurrency Landscape
Uniswap (UNI) is a decentralized exchange (DEX) protocol that operates on the Ethereum blockchain. It provides a platform for users to trade cryptocurrencies directly from their wallets, without the need for intermediaries such as traditional exchanges
Understanding Private Key in Crypto
The private key is essentially an individual’s digital signature. It’s comparable to the PIN of a debit card or the key to a safety deposit box, granting the bearer the ability to access and manage their digital assets