Trader's Glossary

Non-Farm Payroll (NFP)

A key economic indicator of the U.S. economy that reports on changes in the number of employees. The report excludes farm workers and those employed by the government, non-profit organisations and private households.
Did you know?

If overwhelmed by pessimism and falling prices, the FX market is defined as “bearish”, while if characterised by optimism and rising prices, it is called “bullish”. These two terms derive from the way in which bears and bulls attack their opponents, with the former swiping its paws downwards and the latter thrusting its horns upwards.

Word of the day
"Simple Moving Average (SMA)" - A representation of an asset’s average price over a period of time.
Pro Tip

Stable Internet connection is a pre-requisite for trading.

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