What is the Non-Farm Payroll Report and How Does It Affect Forex?

What is the Non-Farm Payroll Report and How Does It Affect Forex?

What is the Non-Farm Payroll Report? The Non-Farm Payroll (NFP) report is a critical economic indicator released monthly by the United States Bureau of Labor Statistics. It provides data about the employment situation in the United States, excluding certain sectors such as farming, government, private households, and non-profit organizations serving individuals. The report typically includes … Read more

The Differences Between Scalping, Day Trading, and Swing Trading

The Differences Between Scalping, Day Trading, and Swing Trading

Trading Strategies Overview In the financial markets, traders employ a range of strategies to capitalize on price movements and achieve their investment goals. Three commonly used trading strategies are scalping, day trading, and swing trading. These strategies are distinguished by their unique characteristics, each presenting distinct benefits and challenges. A comprehensive understanding of these differences … Read more