Category: articles
Euro to Dollar Conversion and Its History
The euro to U.S. dollar conversion tells you how many dollars the euro can buy according to its exchange rate. It compares the euro’s value to the dollar’s value. The euro was worth $1.11 on August 16, 2019. It meant that one euro could buy 11 cents more…
US Dollar Value Measured Three Different Ways
The value of the U.S. dollar is measured in three ways: exchange rates, Treasury notes, and foreign exchange reserves. The most common method is through exchange rates. You should be familiar with all three in order to understand where the dollar is headed next. Exchange Rates The…
5 Reports That Affect The British Pound
The pound sterling (GBP) is one of the more popular currencies traded in the foreign exchange (forex) market. As the home currency of the United Kingdom, the pound sterling has a rich history and is the oldest actively traded currency on the…
6 Factors That Influence Exchange Rates
Aside from factors such as interest rates and inflation, the currency exchange rate is one of the most important determinants of a country’s relative level of economic health. Exchange rates play a vital role in a country’s level of trade, which is…
Trader slang
Day High – the highest share price for the day. Day Low – the lowest stock price per day. Consolidation – consolidation, stagnation, when the price does not change for a long time. On the chart it looks like a…