Tag: foreign exchange market
Some basic concepts you need to understand when buying and selling Forex
Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...
Factors affecting the exchange rate of the pound
In the international foreign exchange market, the pound occupies an important speculative share among the eight major international currencies . To speculate on the...
What is the GBP exchange rate
What is the GBP exchange rate GBP exchange rate : It is the ratio of the British currency pound to other countries' currencies, and the...
The Bank of Japan remains firm on its ultra-loose policy USDJPY foreign exchange market analysis
Today on Monday (June 27), the dollar and yen opened at 135.27 and closed at 135.23 yesterday. So far, the highest has hit 135.27...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
First rate hike in seven years!The Swiss National Bank unexpectedly raised interest rates by 50 basis points
The Swiss National Bank raised interest rates for the first time in seven years and said it could not rule out further increases in...
What Is Foreign Exchange (Forex)?
Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro....