Interested in learning about the forex exchange rates? If so, you’ve come to the right place. Here are the basics of Forex trading. The foreign exchange market is a global financial market where currency values are constantly changing. In a […]
The benefits of cryptocurrency are manifold. It’s transparent, irreversible, and controlled by its users. And, like traditional national currencies, it functions similarly. While the current “fiat” currency is a created by a governmental body, it represents debt, not wealth. This […]
The importance of economic news to currency pairs is clear. Nonfarm payrolls (NFP) data released by the U.S. Bureau of Labor Statistics (BLS) on the first Friday of every month will impact most of the currency pairs involving the U.S. […]
Economics is the study of how the economy functions. In addition to governments, corporations, and individuals, economic news is also influenced by the currency market. 90% of trading volume comes from currency speculators who buy currencies in anticipation of a […]
You can find out how the different currencies translate into each other by reading about FOREX exchange rates. The more people who learn about these exchange rates, the better. Here are the basics of forex: First, the term “forex” means […]
Blockchain technology has made it possible to use the public ledger to store and send money via electronic channels. This method of transferring money has a number of benefits. One of those is the elimination of the need for centralized […]
If you’re looking to buy or sell currencies, economic news can be very helpful. In addition to news about stock markets, economic news also includes data and analysis about the state of various countries. Positive economic news about a particular […]
What is the FOREX exchange rate? For the uninitiated, this is the value of one currency relative to another. Typically, the rate is expressed in national currency per US dollar. The amount of one currency needed to purchase one unit […]
The U.S. Dollar is one of the world’s most important currencies and if the government is easing monetary policy, the market should respond accordingly. However, it is difficult to predict currency movements based on the availability of economic data. The […]
The FOREX exchange rate is an indicator of the value of a currency. It is the price of one currency relative to another currency. In this example, the US dollar is worth one hundred Japanese yen. The ratio of these […]