As with every financial market, the forex market consists of its own trading methods, terminology and conventions. When entering the trading market as a new investor, a basic understanding of the forex lingo will assist you. One key term foundational …
National governments are major players in the forex market. However, their purpose for continual active trading is not to shift the values of major currencies. Instead, they use trading investments as a means to finance government operations, transfer payments and …
The interbank market is a fast-paced, adrenaline rush where trillions of dollars change hands daily. The interbank market is made up of a network of international banks functioning in financial centers across the world. These banks host trading operations to …
Until the late 1990s, the forex market was the least known or utilized by individual traders and investors. When speaking of the forex market, most investors are referring to the interbank market. The interbank market is the home of currency …
The forex market is a fast-paced trading field with many outside influences to track and analyze. It can take some time for a newcomer to get his feet wet in currency trading. The best way to begin is to open …
The forex market is open 24 hours a day, Monday morning in the Asia-Pacific time zone through Friday closing in New York. Trading can be divided up into three geographical areas, each with its own unique makeup and influences. An …
Even though all of us face many pressing financial obligations every month, saving for retirement needs to be a priority if we don’t want to be caught in the dark. The best advice is to start saving early on in …
When considering estate planning, you need to be aware of the taxes that could be incurred if your assets are not properly distributed. Establishing a will and/or trust will ensure your money ends up where you desire. The amount of …
Keep in mind estate planning involves long-range planning and therefore is advisable even for young adults, especially young adults with children. Making a will is a primary part of estate planning. In addition, you may choose to establish a trust. …