The value of a nation’s currency is determined by its government and federal bank (the Federal Reserve, better known as the FED, is the federal bank of the United States). Purposeful change in the rate of conversion by a government is referred to as valuation – devaluation is taking value and strength from the currency, and revaluation adds strength and purchase power to the currency.
If the same change to the rate of conversion occurs naturally through events and the volatility of the market, it is then called appreciation and depreciation.
Careers In The Market
Without the assistance of professionals, it is nearly impossible to trade on the open market. Market analysts track trends in the stock market that affect the value of share holdings. They use such information and basic history to help predict the outcome of different aspects of the market in the future.
Other individuals, referred to as chartists, create charts and graphs that interpret all the data – various numbers, statistics, percentages, etc – into an easy to read candlestick chart that tracks the trends of specific commodities on the market.
A stockbroker is an individual or a company that assists you in making your investments. A broker can aid you in making smart financial decisions, helping you track your and place your orders, and following trends in the market. 54
