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What is the Order Book

Order Book Trading Analysis

An order book is a ledger showing the Depth of the Market (DoM) by consisting of a complete list of buying and selling orders for a particular financial-traded asset at a particular time.

An order book can be used for quantifying the market’s intentions in the short-term.

“With the advent of electronic trading, markets have moved to a system in which liquidity provision has become decentralized...The rule-driven execution of orders in these limit order books and the extensive data that is available for order-driven markets makes them ideal candidates for stochastic modeling.”

What is an Order Book?

An order book is a ledger showing the Depth of the Market (DoM) by consisting of a complete list of buying and selling orders for a particular financial-traded asset at a particular time. Every trading order in the book includes price and volume. Every exchange uses an order book to record, match, and execute trading orders.

Read more: What is the Order Book

Forex News-Trading

News-Trading and Economic Indicators

Economic reports can often trigger strong movements in the financial markets and that means profit opportunities for traders.

Economic indicators are periodic economic statistics that provide an insight regarding the performance of an economy during a certain time-period. Any change in the macroeconomic conditions can trigger strong movements in the financial markets, and that means profit opportunities for currency traders. News trading is the process of linking macroeconomic events to strong price movements.

 

Categorizing Economic Indicators by their Release-Time

There are three types based on their timing:

1. Leading Indicator (Before the Economy)

Leading indicators change before the economy is changing. A leading indicator can be used as a signal of new upcoming macro conditions. For example, the Consumer Confidence Index and the Home Sales Report.

2. Coincident Indicator (At the same time)

A Coincident Indicator changes at the same time as the economy (i.e. Gross Domestic Product).

3. Lagged Indicator (After the Economy)

A lagged indicator is changing 6-10 months after the economy is changing (i.e. the unemployment figures).

Read more: Forex News-Trading

World Interest Rates

THE WORLD'S INTEREST RATES JANUARY 2014

Here are the global interest rates as for January 2014

 COUNTRY LATEST FREQUENCY REFERENCE PREVIOUS
         
ARGENTINA 15.31 MONTH Nov-13 12.24
         
AUSTRALIA 2.50 MONTH Dec-13 2.50
         
AUSTRIA 0.25 MONTH Jan-14 0.25
         
BELGIUM 0.25 MONTH Jan-14 0.25
         
BRAZIL 10.00 MONTH Dec-13 10.00
         
CANADA 1.00 MONTH Dec-13 1.00
         
CHILE 4.50 MONTH Dec-13 4.50
         
CHINA 6.00 MONTH Dec-13 6.00
         
COLOMBIA 3.25 MONTH Dec-13 3.25
         
CZECH REPUBLIC 0.05 MONTH Dec-13 0.05
         
DENMARK 0.20 MONTH Nov-13 0.20
         
EGYPT 8.25 MONTH Dec-13 8.75
         
EURO AREA 0.25 MONTH Jan-14 0.25
         
FINLAND 0.25 MONTH Jan-14 0.25
         
FRANCE 0.25 MONTH Jan-14 0.25
         
GERMANY 0.25 MONTH Jan-14 0.25
         
GREECE 0.25 MONTH Jan-14 0.25
         
HONG KONG 0.50 MONTH Dec-13 0.50
         
INDIA 7.75 MONTH Dec-13 7.75
         
INDONESIA 7.50 MONTH Jan-14 7.50
         
IRAN 15.00 YEARLY Dec-12 14.00
         
IRAQ 6.00 MONTH Oct-13 6.00
         
IRELAND 0.25 MONTH Jan-14 0.25
         
ISRAEL 1.00 MONTH Dec-13 1.00
         
ITALY 0.25 MONTH Jan-14 0.25
         
JAPAN 0.00 MONTH Dec-13 0.00
         
MALAYSIA 3.00 MONTH Dec-13 3.00
         
MEXICO 3.50 MONTH Dec-13 3.50
         
NETHERLANDS 0.25 MONTH Jan-14 0.25
         
NIGERIA 12.00 MONTH Nov-13 12.00
         
NORWAY 1.50 MONTH Dec-13 1.50
         
PAKISTAN 10.00 MONTH Nov-13 9.50
         
PHILIPPINES 3.50 MONTH Dec-13 3.50
         
POLAND 2.50 MONTH Jan-14 2.50
         
PORTUGAL 0.25 MONTH Jan-14 0.25
         
RUSSIA 5.50 MONTH Dec-13 5.50
         
SAUDI ARABIA 2.00 MONTH Oct-13 2.00
         
SINGAPORE 0.08 MONTH Dec-13 0.05
         
SOUTH AFRICA 5.00 MONTH Dec-13 5.00
         
SOUTH KOREA 2.50 MONTH Jan-14 2.50
         
SPAIN 0.25 MONTH Jan-14 0.25
         
SWEDEN 0.75 MONTH Dec-13 1.00
         
SWITZERLAND 0.00 MONTH Dec-13 0.00
         
TAIWAN 1.88 MONTH Dec-13 1.88
         
THAILAND 2.25 MONTH Dec-13 2.25
         
TURKEY 4.50 MONTH Dec-13 4.50
         
UNITED ARAB EMIRATES 1.00 MONTH Jul-13 1.00
         
UNITED KINGDOM 0.50 MONTH Jan-14 0.50
         
UNITED STATES 0.25 MONTH Dec-13 0.25
         
VENEZUELA 15.36 MONTH Nov-13 15.47

Source: IMF, TradingEconomics

» More Economic Indicators -GDP 

 

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World Interest Rates

CurrenciesFx.com (2014, January)

 

Forex Currency Symbols

All Currency Symbols

List of all Currency Symbols

Country and Currency

Currency Code

Fonts

Albania Lek

ALL

Lek

Afghanistan Afghani

AFN

؋

Argentina Peso

ARS

$

Aruba Guilder

AWG

ƒ

Australia Dollar

AUD

$

Azerbaijan New Manat

AZN

ман

Bahamas Dollar

BSD

$

Barbados Dollar

BBD

$

Belarus Ruble

BYR

p.

Belize Dollar

BZD

BZ$

Bermuda Dollar

BMD

$

Bolivia Boliviano

BOB

$b

Bosnia and Herzegovina Convertible Marka

BAM

KM

Botswana Pula

BWP

P

Bulgaria Lev

BGN

лв

Brazil Real

BRL

R$

Brunei Darussalam Dollar

BND

$

Cambodia Riel

KHR

Canada Dollar

CAD

$

Cayman Islands Dollar

KYD

$

Chile Peso

CLP

$

China Yuan Renminbi

CNY

¥

Colombia Peso

COP

$

Costa Rica Colon

CRC

Croatia Kuna

HRK

kn

Cuba Peso

CUP

Czech Republic Koruna

CZK

Denmark Krone

DKK

kr

Dominican Republic Peso

DOP

RD$

East Caribbean Dollar

XCD

$

Egypt Pound

EGP

£

El Salvador Colon

SVC

$

Estonia Kroon

EEK

kr

Euro Member Countries

EUR

Fiji Dollar

FJD

$

Ghana Cedis

GHC

¢

Gibraltar Pound

GIP

£

Guatemala Quetzal

GTQ

Q

Guernsey Pound

GGP

£

Guyana Dollar

GYD

$

Honduras Lempira

HNL

L

Hong Kong Dollar

HKD

$

Hungary Forint

HUF

Ft

Iceland Krona

ISK

kr

India Rupee

INR

 

Indonesia Rupiah

IDR

Rp

Iran Rial

IRR

Israel Shekel

ILS

Jamaica Dollar

JMD

J$

Japan Yen

JPY

¥

Jersey Pound

JEP

£

Kazakhstan Tenge

KZT

лв

Korea (North) Won

KPW

Korea (South) Won

KRW

Kyrgyzstan Som

KGS

лв

Laos Kip

LAK

Latvia Lat

LVL

Ls

Lebanon Pound

LBP

£

Liberia Dollar

LRD

$

Lithuania Litas

LTL

Lt

Macedonia Denar

MKD

ден

Malaysia Ringgit

MYR

RM

Mauritius Rupee

MUR

Mexico Peso

MXN

$

Mongolia Tughrik

MNT

Mozambique Metical

MZN

MT

Namibia Dollar

NAD

$

Nepal Rupee

NPR

Netherlands Antilles Guilder

ANG

ƒ

New Zealand Dollar

NZD

$

Nicaragua Cordoba

NIO

C$

Nigeria Naira

NGN

Korea (North) Won

KPW

Norway Krone

NOK

kr

Oman Rial

OMR

Pakistan Rupee

PKR

Panama Balboa

PAB

B/.

Paraguay Guarani

PYG

Gs

Peru Nuevo Sol

PEN

S/.

Philippines Peso

PHP

Poland Zloty

PLN

Qatar Riyal

QAR

Romania New Leu

RON

lei

Russia Ruble

RUB

руб

Saint Helena Pound

SHP

£

Saudi Arabia Riyal

SAR

Serbia Dinar

RSD

Дин.

Seychelles Rupee

SCR

Singapore Dollar

SGD

$

Solomon Islands Dollar

SBD

$

Somalia Shilling

SOS

S

South Africa Rand

ZAR

R

Korea (South) Won

KRW

Sri Lanka Rupee

LKR

Sweden Krona

SEK

kr

Switzerland Franc

CHF

CHF

Suriname Dollar

SRD

$

Syria Pound

SYP

£

Taiwan New Dollar

TWD

NT$

Thailand Baht

THB

฿

Trinidad and Tobago Dollar

TTD

TT$

Turkey Lira

TRL

Ukraine Hryvna

UAH

United Kingdom Pound

GBP

£

United States Dollar

USD

$

Uruguay Peso

UYU

$U

Uzbekistan Som

UZS

лв

Venezuela Bolivar

VEF

Bs

Viet Nam Dong

VND

Yemen Rial

YER

Zimbabwe Dollar

ZWD

Z$

 

All Currency Symbols

CurrenciesFX

 

Average Pip Movement

 

 
This is the average pip movement of the major currency pairs in each of the key Forex Trading Sessions.
 
 
AVERAGE PIP MOVEMENT PER TRADING SESSION
 
Forex Pair
New York
Tokyo
London
EUR/USD
92
76
114
GBP/USD
99
92
127
USD/JPY
59
51
66
AUD/USD
81
77
83
NZD/USD
70
62
72
USD/CAD
96
57
96
USD/CHF
83
67
102
EUR/JPY
107
102
129
GBP/JPY
132
118
151
AUD/JPY
103
98
107
EUR/GBP
47
78
61
EUR/CHF
84
79
109



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Average pip movement of the global currency pairs

CurrenciesFX
 
 

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