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.
Forex reserves up by $1.492 bn to $641 bn : The Tribune India
Mumbai: The country’s foreign exchange reserves rose by $1.492 billion to reach $641.008 billion [...]
CoinMarketCap hack reportedly leaks 3.1 million user email addresses
CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. [...]
Champagne sales surge close to levels seen before Covid pandemic
GP: Various champagne bottles are seen on a store shelf.Paul Zinken | Picture Alliance | Getty ImagesPop those corks.Champagne sales are surging ba [...]
IMF blames fall in Nigeria’s remittance flows on forex crisis
Published 23 October 2021
The uncertainty in Nigeria’s foreign exchange market contributed to the decline in diaspora remittance flows into the [...]
Bitcoin (BTC), Ethereum (ETH) Pare Recent Heavy Gains, Solana (SOL) Keeps on Rallying
Bitcoin (BTC/USD), Ethereum (ETH/USD), and Solana (SOL/USD) Prices, Charts, and AnalysisBitcoin (BTC) continues to consolidate below its prior ATH [...]
Budget 2021: English city regions to get £6.9bn for public transport
The chancellor will announce increased funding for tram, train and bus services in England.
www.bbc.co.uk [...]
Australian Senators pushing for country to become the next crypto hub
Top-down governmental responses to innovation have always been questioned by entrepreneurs. Right now in crypto land as institutional investment fl [...]
Budget 2021: Ministers pledge £500m to support young families
A network of "family hubs" is to be funded in England to provide support services in one place.
www.bbc.co.uk [...]
China will take steps if FX market fluctuations become too big
China will roll out counter-cyclical measures at an appropriate time if policy tightening by major world economies leads to currency market fluct [...]