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News

Forex Markets Finally Find Some Steady Footing for the Unsteady Dollar!
 

Forex Markets Finally Find Some Steady Footing for the Unsteady Dollar!

As the selling momentum is beginning to fade, the Dollar is slowly finding a higher rate in the Forex markets. The dollar’s modest gains in the mid-week may be a sign that the sell-off period may be over for now. This overnight about-turn for [...]
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Astonishing Effects witnessed by the Forex Markets after Bank of Israel Impressively holds Interest Rates
 

Astonishing Effects witnessed by the Forex Markets after Bank of Israel Impressively holds Interest Rates

After the Bank of Israel made its decision of holding the interest rates, there was a stir in the economic markets and the Dollar and Euro were impacted with this decision. Both the currencies tumbled against the Shekel as the bank refrained [...]
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An Alternative May Exist for the High Interest Rates while Exchanging Foreign Currencies
 

An Alternative May Exist for the High Interest Rates while Exchanging Foreign Currencies

Kristo Kaarmann and Taavet Hinrikus may well have invented a system, which can put serious threat to renowned banks when it comes to foreign exchange. Owing to a bank’s high fees, the duo invented a simple and traditional alternative to [...]
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Trading Forex is No More Dangerous than Trading in Futures
 

Trading Forex is No More Dangerous than Trading in Futures

The risks of trading in foreign exchange is a trending topic in the media where there are pundits stating that risk taking is one of the many features of the forex market. Apart from this, there have also been statements about the savings [...]
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In a Shocking Outcome, Bank of England Dismisses its Forex Chief
 

In a Shocking Outcome, Bank of England Dismisses its Forex Chief

The chief currency dealer of the Bank of England (BoE), Martin Mallett was fired in what proved to be shocking news for many out there. There are charges of more than 20 breaches in the bank protocol. This was unearthed during a grilling of the [...]
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Royal Bank of Scotland Suspends Two Employees in the Wake of the Ongoing Forex Probe
 

Royal Bank of Scotland Suspends Two Employees in the Wake of the Ongoing Forex Probe

It has been a rough time for the six banks that were involved in the foreign exchange scandal. One of these six major international banks is Royal Bank of Scotland, which has suspended two more employees during the investigation in the forex [...]
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UK House Prices Fall for Second Month in a Row-Boon or Bane?
 

UK House Prices Fall for Second Month in a Row-Boon or Bane?

House prices in England fell by a considerable amount for second month in a row. This is a very good sign as per the economists. The price fall of last month was the first of its kind since the boom that started in 2013. This is a very good [...]
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