Category: Currency
-
European Central Bank meets to launch new economic stimulus programs
The ECB is expected to introduce further measures to stimulate the economy of the Eurozone when its governing council meets Thursday, March 10. The Inflation in the region is putting immense pressure on the European Central Bank President Draghi Mario to act. The yearly rate of inflation currently stands at -0.2% which is much below…
-
Major currency pairs are most favorable for trading Forex in market
Major currency pairs are those paired up with the USD, in which case the dollar could be the base or the quote. Here are examples of the common seven major currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF and USDJPY. These major currency pairs account for the biggest share of transactions on the Forex market…