Forex

Shayne Heffernan looks at the latest currencies and forex trading news from Europe, Great Britain, Australia, New Zealand and Japan.

The foreign exchange market (forexFX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world, followed by the Credit market. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market does not determine the relative values of different currencies, but sets the current market price of the value of one currency as demanded against another.

The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers”, who are actively involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the “interbank market”, although a few insurance companies and other kinds of financial firms are involved. Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, forex has little (if any) supervisory entity regulating its actions.

Commentary: Paul Ebeling on Wall Street and Beyond

#PaulEbeling #WallStreet #Fed #SP500 #earnings #investors #blockchain #bitcoin #ether #stablecoin #options #Bulls #cryptocurrencies #crypto #DeFi #NFTS #US #EU #war $SPY $DIA $QQQ $RUT $GS $VXX $USD $BTCUSD $KNIGHTSUSD “More hawkishness from the Fed, high inflation, talk of nucellar war are among the reasons to doubt this…

Paul Ebeling Paul Ebeling

PwC Australia Leaked Tax Info: Costly Consequences Ahead

Financial Impact of PwC Australia's Tax Scandal PwC Australia's admission to leaking confidential tax information to multiple clients is a…

John Heffernan John Heffernan

Commentary: Paul Ebeling on Wall Street and Beyond

#PaulEbeling #WallStreet #Fed #SP500 #earnings #investors #blockchain #bitcoin #ether #stablecoin #options #Bulls #cryptocurrencies #crypto #DeFi #NFTS #US #EU #war $SPY $DIA $QQQ $RUT $GS $VXX $USD $BTCUSD $KNIGHTSUSD “The stocks markets are climbing a wall of worry, aka Bullish” –Paul Ebeling A hawkish Fed, high inflation,…

Paul Ebeling Paul Ebeling
- Advertisement -
Ad imageAd image