Factors That Affect The Forex Market

Many factors affect the Forex Market, but if we need to focus on the main ones, we will certainly talk about the economic tripod, an economic policy guideline for countries that follows 3 aspects, inflation, interest, and the exchange rate. Do you want to know more about other financial markets? Read also Which Financial Market Is Right For You. Economic indicators and their impact on currencies Inflation Inflation is an indicator of how much our money can buy and how quickly that capacity is lost over time. Currently, countries like Venezuela and Syria face huge annual taxes on inflation. This means …

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A Quick Look at the Differences of PPP in the HEROES Act vs. HEALS Act

While the House of Representatives passed a 4th coronavirus relief bill last May, the Senate House did not put it up for review before Congress went into an August recess. Instead, the Republican majority passed its own version, calling it the HEALS Act, as opposed to the Heroes Act passed by the House in May. The first distinguishing aspect about the Republucan’s HEAL Act is that the amount being pushed for by the Senate is only $1 trillion, which cuts down the $2.2. trillion of the original CARES Act. In contrast, the House of Representatives is proposing to increase the …

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Trump Still Aims to Control the CARES Fund

Trump recently removed the Inspector General who was supposed to head the committee tasked to oversee the disbursements of the CARES Act Fund. The creation of an oversight committee was one of the conditions fought hard for by both Democratic and Republican Senators in approving the release of the $2.2 trillion government funds under the guidelines of the Coronavirus Aid, Relief and Economic Security Act or The CARES Act.   Yet Trump who had stated beforehand that he intends to be the sole “oversight” in controlling and monitoring the release of the funds, has taken action to circumvent that condition. …

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