Great Britain Pound commonly referred to as the pound, but some people still refer to it as sterling. But regardless of what it may be called, the British pound sterling remains to be one of the strongest currencies throughout the world. It comes as a surprise to some especially those outside of Britain and those [...]
Central banks typically respond to weakening currency values by using a combination of higher domestic interest rates and foreign exchange market intervention. Higher real interest rates tend to lead to an appreciation of the currency. This is because high-interest rates mean saving in that country gives a better return. Therefore investors often move funds to countries with [...]
One of most important relationships to understand in the forex market is the one between the Swiss franc and euro. There is a very strong correlation between these two, meaning that the Swiss franc tends to rise against the US dollar when the euro does. Because of this, the EUR/ USD and USD/CHF currency pairs [...]
Gold has become popular over the past few years as foreign exchange traders seek sustainable investments that can protect against inflation, market instability and other geopolitical factors affecting currency prices. Traders can use gold as a means of protection against other investments or as a safe haven that provides stability over time and resists dramatic [...]
