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Understanding Existing Home Sales
Existing home sales refer to the number of completed transactions for previously owned homes, including single-family, townhouses, condominiums, and co-ops
Category: E
Categories
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Understanding Empire State Manufacturing Index (ESMI)
The Empire State Manufacturing Index (ESMI) is a key economic indicator that specifically focuses on the manufacturing sector in the state of New York. It provides valuable insights into the conditions and performance of the manufacturing industry, which is a significant contributor to the overall economy
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Understanding Economic Indicators in Forex Trading
Economic indicators are statistical measurements that provide information about the economic activity of a country. They serve as a barometer for assessing the overall health and performance of an economy. Economic indicators can range from macroeconomic indicators that reflect the overall state of the economy
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Understanding EIA Crude Oil Inventories in Forex Trading
The EIA Crude Oil Inventories refer to the weekly report released by the U.S. Energy Information Administration (EIA), which provides data on the total amount of crude oil held in storage by commercial firms in the United States
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Understanding the Employment Situation Report
The Employment Situation Report consists of two key components: the nonfarm payrolls and the unemployment rate. These data points provide insights into the overall health of the labor market and can influence market sentiment and currency valuations
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Understanding Expiry Date
Expiry dates in derivatives are typically determined based on a predetermined timeline or specific conditions outlined in the contract
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Understanding Exotic Currencies
Exotic currencies are currencies from emerging or less frequently traded economies. These currencies are characterized by lower liquidity and higher volatility compared to major and minor currencies
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Understanding the Emalangeni (SZL) Currency
Emalangeni (SZL) gets its name from the plural form of “lilangeni,” which means “emalangeni” in the Swazi language. The currency is denoted by the symbol E
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Understanding the Estonian Krooni (EEK)
The Estonian Krooni was the official currency of Estonia from 1992 until its replacement by the Euro in 2011. The currency was introduced as Estonia gained independence from the Soviet Union
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Understanding the Eritrea Nakfa (ERN)
The Eritrea Nakfa is denoted by the currency code ERN and is the sole legal tender in the country of Eritrea. Introduced in November 1997, the Nakfa replaced the Ethiopian Birr as the official currency