Central bank History
The Bank of England, established in 1694 Prior to the 17th century most money was commodity money, typically gold or silver. However, promises...
Global FX Trade Idea
Long EUR/JPY@103.80. Stop at 103.00. Take profit 105.30 US stocks showed a key reversal pattern last Friday ( Positive Hammer) on the back...
Hedge funds as speculators
Hedge funds as speculators About 70% to 90% of the foreign exchange transactions are speculative. In other words, the person or institution that...
Foreign exchange fixing
Foreign exchange fixing is the daily monetary exchange rate fixed by the national bank of each country. The idea is that central banks...
Commercial companies and Central banks
Commercial companies An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or...
Market participants
Unlike a stock market, the foreign exchange market is divided into levels of access. At the top is the interbank market, which is...
Top 10 currency traders
Top 10 currency traders RankNameMarket share 1 Deutsche Bank14.57% 2 Citi12.26% 3 Barclays Investment Bank10.95% 4 UBS AG10.48% 5 HSBC6.72% 6 JPMorgan6.6% 7 Royal Bank of Scotland5.86% 8 Credit Suisse4.68% 9 Morgan...
Market size and liquidity
The foreign exchange market is the most liquid financial market in the world. Traders include large banks, central banks, institutional investors, currency speculators,...
Forex History
Ancient Forex first existed in ancient times. Money-changing people, people helping others to change money and also taking a commission or charging a...
Foreign exchange market
The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial...
