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Definition There are many financial indexes in the US that the attentive forex broker or trader will review in order to get a good perspective on how the US dollar’s position might change. One such index is the Philadelphia Fed Index. Commonly called the Philadelphia Fed Index or the Business Outlook..
Description The organization that monitors and maintains the United States currency supply is the Federal Reserve. Commonly known at the Fed, this group was established by Congress in 1913. A Washington D.C.-based Board of Governors, twelve larger regional banks, and many smaller affiliated institutions ma..
Description Any forex broker or trader who deals with the Australian Dollar will want to pay special attention to policies and announcements coming from the Reserve Bank of Australia (RBA) and its Reserve Bank Board. The RBA concerns itself mainly with monetary policy and strives to achieve, low, stable inflation over the medi..
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