Tag: foreign exchange
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...
What is a foreign exchange position
In foreign exchange trades, position points to investor actually namely the proportion of investment capital with real.For example, if you have 10,000 actual investment...
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...
Trading in the Foreign Exchange Market
The market is open 24 hours a day, five days a week across major financial centers across the globe. This means that you can...
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....
Dollar to clear recent weak period unscathed – FX analysts
By Hari Kishan BENGALURU (Reuters) - The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of...
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO (Reuters) - The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada's economic outlook and...
Dollar Up, Boosted by Rising U.S. Yields
By Gina Lee Investing.com – The dollar was up on Thursday morning in Asia, hitting a three-week high against the yen in early Asian trading....