Guru's Articles
The further rise of the cryptocurrency is inevitable. Recently, the US Internal Revenue Service agreed to a major overhaul plan encompassing digital currencies such as bitcoin after the audit by the Treasury Inspector General for Tax Administration. An accompanying 31-page report stated none of ...Read more
The quest for searching a feasible trading plan is not an easy feat. Several elements are factored in, including a person’s financial situation, objectives, and risk appetite. Whether you are embarking on your trading journey or updating your trading game plan, you can ask yourself the following ...Read more
- Posted by: Tom Burke
You should know upright that is not a guideline for becoming an instant millionaire. Rather, this will outline ways on how to build your wealth. A reminder, though: these steps are simple yet tricky to follow. You need to earn money. This fundamental step sounds simple, but not for people who are ...Read more
- Posted by: Jun Wang
Here is how a trader spends his day: trade, earn profits, create plan, and evaluate strategy. Committing a trading mistake or two can end up eating the entire capital, if not managed. Although inevitable, a trader can find ways to avoid the most common trading mishaps. Not Hedging against ...Read more
Bitcoin has proliferated since a certain Satoshi Nakamoto introduced the digital currency in the market seven years ago. As of writing, the projected transaction volume is $172.24 million. Also, around there was about $9.1 billion of bitcoin throughout the market. If you find bitcoin fascinating, ...Read more
- Posted by: Anton Luyten
Some of the leading banks worldwide have embarked on the process of leaving the United Kingdom this year, highlighting the continuous impact of the Brexit vote in the country’s financial sector. But their counterparts will transfer its headquarters in the first quarter of next year. According to ...Read more
- Posted by: Goro Yang
The foreign exchange market is one of the most challenging, exhilarating, and rewarding markets worldwide. With an average daily turnover of $5.3 trillion, forex markets change hands 24 hours a day and five days a week. If you are interested in purchasing and selling currencies, you may want to ...Read more
- Posted by: Jacob Rogers
There are different trading strategies which are available, but an investor can also create his own. Surprisingly, a do-it-yourself technique is an easy, enjoyable, and satisfying risk. A trader must have the following: a pad of paper (or notebook), a shrewd mind, and access to charts denoting the ...Read more
- Posted by: Dara Madee
Risks from exchange rates are inevitable, but we can hedge against currency perils. How? The general rule is to leave such a risk relative to offshore investments unhedged when a local currency is declining against foreign-investment currency, but overturn this risk when a local currency is ...Read more
- Posted by: Chaoxiang Lee
Here is a hypothetical question: what will happen if the European Union abruptly decides to abandon the euro, the common currency of the region? The EU had a rough first six months of 2016. The European Central Bank is heavily criticized for failure to spur economic growth. The United Kingdom ...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
