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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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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 financial exchange. The concept of money is transforming every day. Gone are those when cheques […]

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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 accounts getting crashed and damaging trading decisions taken because of extreme leverage. […]

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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 Parliament as to how much the bank knew about this […]

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