The beginner's guide to FX trading
The currency of Zambia. Currency code (ZMW). Currency code was formally ZMK, until December 12, 2012. 2013 marked the start of the redenomination of the older Kwacha currency unit, approved the year before. The old and new currencies recirculated side-by-side for half the year. In June of 2013, roughly 95% of the old currency was taken out of circulation by the Bank of Zambia.
Supply refers to the amount of an asset that is available while demand is the quantity of an asset that...
Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
The Carry Trade is a trading strategy where investors/traders sell or borrow assets (such as currencies)...
A type of chart used in the forex. It has four major points- the high and low prices which form the...
Personal Income and Spending, also known as Personal Income and Consumption, is a report generated by the...
A number of top-tier releases are lined up from the U.K. economy this week, but it looks like Brexit will steal the show with the “meaningful vote” coming up.
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The ECJ’s Advocate General released an advisory opinion stating that the U.K. can unilaterally reverse Brexit, which caused the pound to skyrocket. The Kiwi, meanwhile, was the biggest loser of the session.
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A new year (and month) is already underway, and that means that it’s time for another monthly evaluation. So, how did the two Variants of the Happy Hunter fare in December?
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The British pound was much more subdued and choppy relative to previous weeks, but was able to pull out wins against the major currencies
Read MoreThe great pleasure in life is doing what people say you cannot do.Walter Bagehot