How does the price for a cup of coffee in two different countries affect the Forex market? One of the ways to answer this is by exploring the concept of a basket of goods, a commonly used microeconomics metric also known as the purchasing power of parity. Today we will discover everything there is to know about trading currency based on the PPP factor. What is the Purchasing Power of Parity Purchase parity power was originally designed as an attempt to find a unified measuring unit to compare currency values across the globe. The initial...
It is known as the most famous search engine and browser in the world. Everyone, who has the Internet, has heard about it. The most popular operating system installed on most smartphones around the world. It's all Google. Alphabet`s subsidiary actually, but that's not the point. A technology giant that's penetrated almost every home on the planet. Google is rapidly developing from year to year and acquires a large number of sub-companies, start-ups, and services. The annual profit of the corporation for 2019 made up 162 billion...
The coronavirus pandemic took investors around the world by surprise. Volatility on world stock exchanges has increased sharply, and to avoid unpleasant consequences, professional traders find it wise to buy dividend shares. Indeed, dividend investing can be a great way to make a profit and increase your investment portfolio over time. If you focus on blue-chip companies that regularly increase dividends, a small amount of the initial investment may turn into a fortune over time. For long periods of time, dividends can reward a patient...
Presidential elections will be held in the fall of 2020 in the USA. The results may have a serious impact on financial markets - depending on the policy promoted by the president during the campaign, companies in certain sectors of the U.S. economy may become more expensive or, conversely, cheaper. As a history shows, the stock market response to presidential elections is almost the same each time, and it is known as the presidential election cycle. In this article, we will discover why is it so beneficial to pay attention to the...
Have you ever wondered about the people behind some of the most effective trading tools and strategies? Because while the majority simply follows in the footsteps, someone paves the road. Bill Williams trader, author and psychologist was one of the market experts who managed to see patterns in the seemingly chaotic price movement and turned them to his benefit. Today we are talking about the idea of trading chaos by Bill Williams. Bill Williams Trader Story Bill Williams, the trader, was born in 1939 and is widely known as a visionary and...
