August 2022

A current account represents the financial outflow and inflow. It belongs to the balance of payments, recording all monetary transactions with its trading partners. 

A currency basket is a portfolio of several currencies and weightings towards a base currency. Following the end of the gold standard in 1971, leading economies began floating their currencies by 1973. Emerging, frontier, and small economies started to peg their currencies to major market economies, primarily the US Dollar Read more…

Greenback Drops, Yen Strong; RBA Hikes by 0.50%; US JOLTS Job Data Awaits

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open Read more…

submitted by /u/HeirOfRhoads [link] [comments]

submitted by /u/DoubleFaulty1 [link] [comments]

submitted by /u/Lord-Nagafen [link] [comments]

I don’t care who thinks this is a stupid post. I just got a scam email so I am sure others here did too from what looks like Coinbase. First of all, “Confirmation billing account has been update” is not a sentence. The word is “updated”. The body of the Read more…

submitted by /u/HeirOfRhoads [link] [comments]

Once more Ethereum has surpassed a critical milestone against Bitcoin. The recent hype around its Merger has apperantly made more people bet on Ethereum than on Bitcoin with open interest options for the year. That happened for the first time EVER. and the difference here was more than $1.5b aacording Read more…