Whether you are in need of some economic information, or are just curious about the state of the world, you have probably found yourself looking for it on the internet. Whether you are looking for regional data or national trends, you can find it all in the economic news you are reading. The following are …
In general, cryptocurrencies represent the new paradigm for money. Instead of relying on centralized institutions to enforce trust and police transactions, these digital currencies are managed by a network of peers. This decentralized management of these digital assets carries inherent risks, but is also an attractive proposition for many investors. Here are some of the …
In order to calculate the value of one currency against another’s currency, you must know how much each foreign exchange rate is worth. The exchange rate that you see on the news is the “forex” rate. The actual value of one currency is determined by calculating the price of a market basket of goods from …
Before you can make an informed decision about FOREX exchange rates, you must know what they are. Listed below are the most popular currency pairs. Each pair will display the Bid/Ask price and daily growth. If you are unsure of the changes in each currency pair, you can refer to the chart of each pair …
The European bourse is set to open cautiously on Monday as Germany releases its unemployment data and retail sales figures. Economists expect retail sales to grow by 0.5 percent in February, versus the 2.0 percent they predicted for January. Meanwhile, the geopolitical situation continues unabated, with fears of a new offensive in eastern Ukraine dampening …
The technology behind the operation of crypto currency is called a blockchain. Blockchain technology is a shared digital register that records the history of every unit of cryptocurrency. It records ownership changes over time and each transaction is recorded in ‘blocks’. The features of blockchain technology make it unique, including a distributed database and a …
The forex market is the largest financial market in the world. Participants buy and sell foreign currencies at a fixed rate. These currencies are often traded 24 hours a day, seven days a week. More than $6.6 trillion is traded in the FOREX market every day. Most currency exchange rates are quoted online in pairs, …
A currency is a form of money that is valued in terms of its current price. It can be bought or sold by institutions, corporations, governments, and currency speculators. Most currency traders buy and sell currencies based on expectations that interest rates will increase. In general, commercial banks put their capital into economies that have …
There are many benefits to cryptocurrencies, including the ability to trade and censorship resistance. Unfortunately, some of these benefits also come with some disadvantages. While these risks are not insurmountable, cryptocurrencies are not yet a widely used currency. As with any financial instrument, there is a need for regulation. While this regulation will help some …
Foreign exchange rates are determined on a daily basis by buyers and sellers of currency in two different countries. Individual governments and banks cannot determine the value of this currency. The best way to predict currency prices is to monitor FOREX exchange rates. Here are some tips to help you determine the best time to …