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Vital Indicators For Managing Foreign Exchange Rates

Decisions related to entry and exit in the forex market are very tough. One must wait and watch patiently for the right trading opportunity. There is no guaranteed way to find out signals that convey movement of foreign exchange rates. Most traders rely on various technical indicators for predicting future market action. This article discuss [...] Read More »

Nominal Effective Exchange Rate

Introduction A nominal effective exchange rate (NEER) is the exchange rate of the local currency vise-a-visa other foreign currencies calculated by their share with either the country’s global trade or their balance of payments. The NEER is the standard weighted value of 1 currency as opposed to the other currencies in an index. The weights [...] Read More »

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