Category: Resources

Average Daily Range Forex

The foreign exchange (forex) market is a massive worldwide market that facilitates buying and selling currencies.  As such, the forex market is an attractive feature for those looking to attempt to profit off trading currencies. Forex trading can be profitable, especially if you use all the available tools.  One such tool is the average daily

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G3 Currencies

The G3 currencies are considered to be three of the most important currencies in the world. This is because they are the most traded and most liquid currencies on the foreign exchange market.  What Are The G3 Currencies? The G3 currencies include the U.S. dollar (USD), the Japanese yen (JPY), and the euro (EUR). According

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When Does The Forex Market Close?

The foreign exchange market is a decentralized global market that traders can use to trade currencies. The Forex market never really closes.  Popularly known as the Forex market, it is responsible for determining the foreign exchange rates for every currency in the world and allows you to trade money to get your desired currency. Forex

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G7 Currencies

Are you looking for information on the G7 currencies? Well, if you’re a Forex trader, knowing the currencies that are part of the G7 is important. This guide covers all 7 currencies, the history of the G7, their size, and why they are important.  What Are The G7 Currencies? The G7 currencies are the currencies

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What Is A Reserve Currency?

For any country of the world, having a strong currency is a matter of national importance. When the currency starts to strengthen against others, it is always favorable for their economy.  However, most countries also hold large quantities of another country’s currency in their central bank, known as the reserve currency. Holding reserve currency is

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61+ Important Coinbase Users & Facts in 2021

Coinbase (NASDAQ:COIN) is a cryptocurrency exchange based out of the United States. As of this writing, COIN is worth $248.20 per share. Due to its Initial Public Offering (IPO) this year, there’s been a lot of buzz surrounding Coinbase. That’s probably why you clicked on this article. Are you searching for the best Coinbase facts

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110+ Important Gold Statistics & Fact for your research

There isn’t much special about gold, chemically speaking. Yet, ask any gold investor around the world, and they’ll tell you how critical this precious metal is to global trade. That’s why we compiled this list of gold statistics and facts. If you’re searching for reliable information about the gold market, you’ve come to the right

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What Is Fiat Currency?

In the past, precious metals, such as silver and gold, were the standard that backed most countries’ currencies. However, things are a lot different now. We all know that fiat currency has now become the norm or standard in the modern world.  If you keep up with financial markets or the latest financial news, you have probably

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What Is CBDC?

Central bank digital currencies (CBDCs) have definitely emerged as a hot and debatable topic in the financial space.  There are banks, governments, and financial institutions that are performing in-depth research and analysis on the technical and economic feasibility of introducing a new form of digital money. But what’s a CBDC? And will CBDCs steal Bitcoin’s

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Common Prosperity

If you’ve been studying China’s economic policies and the yuan, the term “common prosperity” has probably come up a few times.  If you want to learn exactly what common prosperity means, how it could affect China and the yuan, and gain some insight into other Chinese economic policies, continue reading this detailed guide.   What is

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