How Do Real Interest Rates Impact Gold Prices?
The theoretical explanation for the relationship between real interest rates and gold prices lies in the concept of opportunity cost
Month: September 2023
How to Trade US Core PCE Prices Final
The PCE Price Index is published by the Bureau of Economic Analysis (BEA) on a monthly basis and is considered one of the Federal Reserve’s preferred inflation gauges
How to Trade US PCE Prices Final
Forex traders closely monitor the US PCE Prices Final report as it plays a significant role in shaping market expectations and influencing trading decisions
Understanding the Malaysian Ringgit (MYR)
The Malaysian Ringgit, denoted by the currency code MYR, is the official currency of Malaysia. It is issued by the Central Bank of Malaysia, known as Bank Negara Malaysia
Understanding the Slovenian Tolar (SIT)
The Slovenian Tolar was introduced as the national currency of Slovenia following its declaration of independence from Yugoslavia in 1991
Understanding the Samoan Tala (WST)
The Samoan Tala has a rich history that dates back to the colonial era. Prior to the introduction of the Tala, Samoa used various forms of currency, including cowry shells and British pounds
Understanding the Swedish Kronor (SEK)
The Swedish Kronor, denoted by the currency code SEK, is the legal tender of Sweden. It is managed and issued by Sveriges Riksbank, the central bank of Sweden
Understanding the Slovakia Koruna (SKK)
The Slovakia Koruna (SKK) was the official currency of Slovakia until it was replaced by the Euro (EUR) in 2009. Before Slovakia’s accession to the Eurozone, the SKK played a vital role in the country’s economy and foreign exchange market
Understanding the Leone (SLL)
The Leone (SLL) is the currency of Sierra Leone, a country located on the west coast of Africa. It is denoted by the currency code SLL and is further divided into subunits known as cents
Understanding the Trinidad and Tobago Dollar (TTD)
The Trinidad and Tobago Dollar has a rich history that dates back to its introduction in 1964. Prior to that, the British West Indies dollar was the official currency