In Forex trading, Correlations play a major role in trade. Forex trading happens from international currencies from various countries and the Currencies are issued by central banks. The value of a currency has a direct impact on an economy, a country's outlook, commodities, stock markets and people's spending behavior. At the same time, currencies are [...]
The US dollar has depreciated since yesterday after a weekly jobless claims report and due to European central bank bond purchases. Last Friday, it sank to the lowest since Aug.3 when the US economy created the lowest level in seven months, reducing the chances of an immediate cut in the central bank's asset-purchase program. Since [...]
The cable has shown a sideway trend and the market followed strengthening U.S. dollar, among other factors. The pound moved with a lack of direction at the start of September, though it will probably fall on the UK political and economic trends from mid-September onwards. Britain is on course to lose its status as one [...]
Cryptocurrency was born on the idea of decentralization; the idea that there should be no middleman in between two parties exchanging assets in a trustless manner. Instead of relying on the traditional buyers and sellers in a financial market, AMMs keep the DeFi ecosystem liquid 24/7 via liquidity pools. Automated Market Makers (AMMs) are entrants [...]
