Glossary

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New Zealand's Inflation Rate
Knowledge base

How to Trade New Zealand’s Inflation Rate

The New Zealand inflation rate is a critical economic indicator that can significantly influence forex trading. When the inflation rate in New Zealand is high, it can lead to a decrease in the value of the New Zealand dollar (NZD)

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The Forex Market Isn't Rigged
Video Guides

The Forex Market Isn’t Rigged

There are several misconceptions associated with the Forex market that can create doubts and distrust among traders. It’s important to address these misconceptions and separate fact from fiction

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US ISM Services Prices
I

Understanding ISM Services PMI

The ISM Services PMI (Purchasing Managers’ Index) is an economic indicator that measures the activity level of the services sector in the United States

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US MBA Mortgage Applications
M

Understanding MBA Mortgage Applications

MBA mortgage applications refer to the data collected by the Mortgage Bankers Association (MBA) on a weekly basis. These applications include requests for new mortgages, as well as applications for refinancing existing mortgages

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New Home Sales
N

Understanding New Home Sales

New home sales refer to the process of selling newly constructed residential properties to buyers. These properties can range from single-family homes to condominiums and townhouses

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Trade Balance
T

Understanding Trade Balance

Trade balance refers to the difference between a country’s exports and imports over a specific period. It is a key component of a country’s balance of payments, which measures all financial transactions between that country and the rest of the world

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Canadian Unemployment Rate
U

Understanding the Unemployment Rate

The unemployment rate measures the percentage of the labor force that is currently unemployed and actively seeking employment. It is calculated by dividing the number of unemployed individuals by the total labor force and multiplying the result by 100

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