Author: David Graham
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.
Residents’ FX deposits hit fresh high in November
SEOUL, Dec. 17 (Yonhap) -- Foreign currency deposits at banks in South Korea touched a record high in November on increased corporate deposits, ce [...]
ForexLive Asia FX news wrap: BOJ to taper some COVID support measures
The Bank of Japan monetary
policy statement today was not nearly as dramatic as the Federal
Reserve nor the Bank of England ea [...]
How millionaires are spending their money this holiday season
Pedestrians view the holiday windows at the Saks Fifth Avenue flagship department store in New York, on Thursday, Dec. 2, 2021.Christopher Occhicon [...]
Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021
As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of ass [...]
Santa rally over the last 71 years in the S&P500
The 'santa rally' is based on the phenomena of general good sentiment around Christmas and the end of the year. You can see the strength of the sea [...]
Traders delay $100K Bitcoin prediction, but still expect a blow-off top in 2022
Bullish traders that drank the "Bitcoin to $100,000 by year-end" Kool-Aid are now coming to terms with the fact that there may be no Santa Claus ra [...]
No Way Home’ Friday box office hits $121.5 million
Tom Holland and Benedict Cumberbatch star as Peter Parker and Doctor Strange in "Spider-Man: No Way Home."Sony"Spider-Man: No Way Home" is smashing [...]
Sasfin : Forex Daily Market – Fitch Ratings upgraded SA outlook to Stable
Today's Talking Point
EZ CPI y/y: Nov F
Expected: 4.9%
Prior: 4.9%
[...]
Deputizing blockchain to fight public corruption
Puerto Rico recently announced that it may be looking for a blockchain solution to fight government corruption, particularly after a Puerto Rican m [...]
Congress Ends ‘Horrible Year’ With Divisions as Bitter as Ever
In the House, two Republicans, Representatives Marjorie Taylor Greene of Georgia and Paul Gosar of Arizona, were stripped of their committee assign [...]