Foreign exchange markets are among the world’s most important and liquid markets. Their significance within the international financial system cannot be emphasize. The success of a business depends on the integrity of its transactions and procedures. Trustworthy persons fulfill their contractual obligations. If two parties sign a forward contract for a currency pair, indicating that […]
Top 5 – Types of Foreign Exchange Market Read More »
From bartering to check printing and mailing, paper money and beyond; into digital payments and cryptocurrency, currency has always been a fluid concept. Currency becomes currency because of the significance humans attach to it. In this topic we will look into a brief history in currency or history of paper money and different stages of
A Brief History in Currency / Money Evolution Read More »
Did you know that the global forex trading market is worth $1.93 quadrillion, which is 2.5 times more than the entire global GDP? Moreover, in forex marketing around $5.3 trillion is traded every day and the daily volume of forex trading is 53 times more than the New York stock exchange. The forex market is
Is Forex Legit? Going Down the Rabbit Hole or Hitting the Bullseye Read More »
Traders have been flocking to Dubai’s Souks for over a century in search of spices, pearls, and gold. Dubai earned the moniker ‘City of Gold’ as a result of its thriving trade. According to Dubai Customs, gold trading in the world was estimated at 41 billion euros in the first nine months of 2020. After
UAE (Dubai) Gold Policy Read More »
There are several reasons why you should care about the amount of USD required to purchase one Euro, one Yuan, one Pound (Sterling), and one Australian Dollar. Let us see the importance of foreign exchange market for country’s economy. This information is important if you’re planning a trip to any of those locations. Has the
Importance of Foreign Exchange Market for Country’s Economy Read More »
