The Forex Scandal: Banks Rigging Currencies
The foreign exchange market, also known as forex or FX, is the largest financial market in the world. Over $6.6 trillion is traded daily on the forex market, which is…
Continue readingThe Global Prominence of the U.S. Dollar
The U.S. dollar is the most widely used currency in the world. Nearly 90% of all foreign exchange transactions involve the dollar, and over 60% of all foreign exchange reserves…
Continue readingDow Jones & Company: A Complete Overview
Dow Jones & Company has been a driving force in financial news and markets for over 130 years. As publisher of The Wall Street Journal, Dow Jones Newswires, Barron’s, MarketWatch…
Continue readingThe Impossible Trinity of International Finance
The impossible trinity, also known as the trilemma, is a concept in international economics that states that it is impossible to have all three of the following at the same…
Continue readingThe Interbank Foreign Exchange Market: A Complete Overview
The interbank foreign exchange market is the foundation of the global forex ecosystem. This decentralized over-the-counter (OTC) market facilitates currency trading between banks, hedge funds, institutional investors and forex dealers….
Continue readingThe Libor Scandal:The Biggest Financial Fraud in History
The London Interbank Offered Rate, better known as Libor, is a benchmark interest rate that underpins over $350 trillion in financial contracts worldwide. It plays a crucial role in setting…
Continue readingThe Mexican Peso Crisis of 1994
The Mexican peso crisis, also known as the Tequila Crisis, was a currency crisis sparked by the sudden devaluation of the Mexican peso against the U.S. dollar in December 1994….
Continue readingThe Moscow Exchange: Russia’s Premier Trading Platform
The Moscow Exchange (MOEX) is Russia’s largest and most diverse financial market, providing a wide range of investment and trading opportunities for both Russian and international investors and traders. As…
Continue readingThe Mundell–Fleming Model: A Guide for Forex Traders
The Mundell–Fleming model, named after economists Robert Mundell and Marcus Fleming, is an important macroeconomic framework that helps explain the relationship between exchange rates, monetary policy, and capital flows in…
Continue readingThe NYSE Composite – A Complete Overview
The New York Stock Exchange Composite, more commonly referred to as the NYSE Composite or simply Composite Index, is a market capitalization-weighted index of all common stocks listed on the…
Continue readingHow To Become a Successful Stock Trader
Trading stocks is an attractive career path that offers the potential for high earnings, flexibility, and the thrill of making it big on a trade. However, it also comes with…
Continue readingThe Plaza Accord: A Turning Point in International Finance
In 1985, the world’s major industrialized nations came together in an unprecedented collaboration known as the Plaza Accord. This agreement between the United States, Japan, West Germany, France and the…
Continue readingRussell Cline: The Remarkable Journey of a Forex Trader
Forex trading can be an unpredictable, risky endeavor. Over 90% of new traders fail within the first year. However, with the right knowledge, skills, and mindset, some traders are able…
Continue readingThe Rise and Fall of Jes Staley, Former CEO of Barclays
Jes Staley was the chief executive officer of Barclays, one of the world’s largest multinational investment banks and financial services companies, from 2015 to 2021. His tenure was marked by…
Continue readingThe South Korean International Monetary Fund Agreement
The 1997 Asian financial crisis was a period of economic and financial turmoil that gripped much of Asia, starting with the collapse of the Thai baht in July of that…
Continue readingThe Triffin Dilemma: Complete Overview
The international monetary system has gone through several evolutions over the past century, but has been dominated by the US dollar since the mid-20th century. This system confers many benefits…
Continue readingThe Wall Street Journal Dollar Index: Complete Overview
The Wall Street Journal Dollar Index (WSJ Dollar Index) is a crucial financial benchmark that tracks the value of the U.S. dollar relative to a basket of other major currencies….
Continue readingThe Wall Street Journal: A Complete Overview
The Wall Street Journal (WSJ) is one of the most widely recognized and respected sources of financial news and information in the world. Published by Dow Jones & Company, The…
Continue readingThe World’s Gold Reserves: Full Analysis
Gold has captivated humanity for thousands of years. The precious metal’s alluring combination of scarcity, beauty, and physical properties has made it a universal symbol of wealth and status. Today,…
Continue readingTriangular Arbitrage: A Comprehensive Guide
Triangular arbitrage is a trading strategy that exploits inefficiencies between three currency pairs to make a risk-free profit. This strategy takes advantage of temporary discrepancies in exchange rates between three…
Continue readingU.S. Futures Exchange: A Complete Guide
The U.S. futures exchange plays a vital role in global financial markets, providing a centralized marketplace for the trading of futures contracts for commodities, currencies, treasuries, stock indexes, and more….
Continue readingBalance of Payments: A Complete Overview
The balance of payments is an accounting record of all monetary transactions between a country and the rest of the world. It provides a comprehensive overview of all international economic…
Continue readingBinary Options Trading: A Complete Overview
Binary options are a unique form of financial trading that offers traders an easy way to speculate on the short-term price movements of various assets. Unlike other markets, binary options…
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