The Money exchange

Category: money , Asked by: F. Henson from United States

A: We think "NobleTrading" is definitely the forex site for you if you want a great forex platform which has the option of purchasing GBP/JPY - they've got a fun forex platform, it'll surely match your request. If you like trading AUD/RON, CHF/VEF or GBP/JPY (and and any other option from an endless list of currencies), your money will be accepted in "NobleTrading".

Category: glossary , Asked by: W. L. From Switzerland

A: "consumer price index for all urban consumers " is A measure that examines the changes in the price of a basket of goods and services purchased by urban consumers. The urban consumer population is deemed by many as a better representative measure of the general public because most of the country's population lives in highly populated areas, which represents close to 90% of the total population. CPI is the most frequently used statistic for identifying inflation or deflation. The CPI-U only considers the prices paid for goods and services by those that live in urban areas. Rising CPI-U figures means that the prices of goods/services within the urban population are becoming more expensive and can be a sign of rising inflation. All variants of the CPI are similar to cost of living indexes as they assess prices in market related goods and services needed to achieve a given standard of living, but they do differ from cost of living indexes because they do not account for changes in other facets of standard of living, such as changes in environmental factors.

Category: glossary , Asked by: Jamar N. From Schaerbeek, Belgium

A: "overbought " is 1. A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals. 2. In technical analysis, this term describes a situation in which the price of a security has risen to such a degree - usually on high volume - that an oscillator has reached its upper bound. This is generally interpreted as a sign that the price of the asset is becoming overvalued and may experience a pullback. 1. An asset that has experienced sharp upward movements over a very short period of time is often deemed to be overbought. Determining the degree in which an asset is overbought is very subjective and can differ between investors. 2. Technicians use indicators such as the relative strength index, the stochastic oscillator or the money flow index to identify securities that are becoming overbought. An overbought security is the opposite of one that is oversold.