Guides

Things You Need to Know Before You Jump on the Bandwagon of Trading in the Foreign Exchange Market

Things You Need to Know Before You Jump on the Bandwagon of Trading in the Foreign Exchange Market

With Brexit and the U.S. presidential elections hobnobbing the headlines, the currencies have been on a rollercoaster ride. There have been record-breaking highs and lows. The forex market is always in the news for some reason because it’s volatile. So, what does all this mean? And more importantly, what what do you really need to […]

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Madoff Whistleblower Strikes Again; State Street to Pay Hefty Settlement

Madoff Whistleblower Strikes Again; State Street to Pay Hefty Settlement

State Street Bank and Trust Company was slapped with a $530 million settlement because it was found to be cheating a number of government bodies on the basis of wrongly pricing their foreign exchange deals. The company faced charges from the US Securities and Exchange Commission, the Department of Justice, and also the Department of […]

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Swiss National Bank Shows Q1 Profits of 21.3 Billion Francs

Swiss National Bank Shows Q1 Profits of 21.3 Billion Francs

Switzerland’s central bank released information about its performance for the first half of 2016. The Swiss National Bank made a net profit of 21.3 billion Swiss Francs, equivalent to $21.8 billion, thanks to rises in gold prices and excellent profits made by investments in foreign currencies. The gold holdings of the Swiss National Bank increased […]

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Yen Soars In Response To Disappointment From Bank Of Japan

Yen Soars In Response To Disappointment From Bank Of Japan

The Bank Of Japan announced an easing of its monetary policy with the aim of providing a stimulus to the economy but it did not have quite the desired effect. In fact, people have been clearly disappointed by the announcement, which has resulted in the Yen jumping against the dollar. The Yen has been seeing […]

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Swiss National Bank’s Decision Points to the Power of Foreign Exchange and its Ability to Shock!

Swiss National Bank’s Decision Points to the Power of Foreign Exchange and its Ability to Shock!

Just when you thought foreign exchange is the same and there could be no changes, experts maintain that it has the power to surprise. This was evident in January when the Swiss National Bank unexpectedly ended its currency’s euro cap. This decision led to Franc rising a whopping 30% against the single currency, and that […]

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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 the dollar has been received positively by investors. The greenback saw […]

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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 from quantitative easing for rates. Rates in the Markets Compared to the Bank […]

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