Guru's Articles
For several years, Canada and the United States have been trading partners. Canada is the country’s largest goods export market and second biggest goods trading partner. Official data show the two nations traded around $662.7 billion worth of products and services in 2015. With so much trading ...Read more
- Posted by: Tom Burke
Economic and political skepticism, as well as some other factors have piqued the attention of investors and analysts on currency investing. Two reasons: the foreign exchange market is open 24 hours a day, seven days a week and it presents endless trading opportunities. Having the median daily ...Read more
- Posted by: Jun Wang
Events in the global financial industry will definitely impact an investor’s portfolio. And any movement in the currency of reference can increase or decrease the wealth of a household. According to Credit Suisse Research Institute’s Global Wealth Report 2016, exchange rate movements have ...Read more
Every person wants to ensure that his family will still have a comfortable life even after he dies. There are set of rules, regulations, or protocols when it comes to bank accounts, real estate properties, or investments. But handing down the ownership of the digital currency is another story. Also ...Read more
Let’s have a refresher on the proper manner of placing orders with a forex broker. This is important because any inappropriate order execution can greatly affect a trader’s plan to enter and exit the market. Here are the three kinds of orders: Limit Order A trader places this order if he ...Read more
Janet Yellen has something to tell us: await a number of interest rate hikes from the Federal Reserve from this year until 2019 ends. Yellen, speaking before members of a non-partisan business organization in San Francisco, mentioned she and most of her policymakers were mulling over the concept ...Read more
Bitcoin prices resumed its rally following it reached its record in the last few weeks. On January 13, bitcoin stood at $817.34, up $16.60 or 2.06%. The digital currency previously traded at $776.95, down by over 6%. That initial selling was still higher than Thursday’s low of $752.46, implying ...Read more
This season of giving and lending a hand, bask in your inner (financial) beauty. Perhaps you are wondering why we are telling you all of this. Read on: every person feels the strong need to attain financial security, longs to experience the best things in life, desires to meet their wants and ...Read more
Even the minor players have made waves in the foreign exchange market. In 2010, India unveiled the new symbol for the rupee, its official currency. Perhaps some of you once asked this question: where did the symbols come from? Today’s edition of Guru Articles explains the origin of the symbols of ...Read more
The world has witnessed how Greece is resolving its mounting debt crisis, how OPEC member countries are trying to balance the oil market by striking an agreement on limiting production, and how the United States – and everyone else in the world – is reacting to Donald Trump’s shocking victory ...Read more
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
- Posted by: Jun Wang
Exchange rates pertain to the overall currency rate versus the other. It pays to comprehend how this rate works and how it can be applied in everyday life. For instance, if you are visiting Poland, you have to purchase the zloty, their local currency. Assets holding the same features must be sold ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
- Posted by: Chaoxiang Lee
Change is inevitable. Let’s face it. The foreign exchange market is a jam-packed market since numerous news and data shape movements in this market. Such changes influence the biggest economies and reserve currencies around the globe. Picture this: any major event or two (or any economic report) ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More