Foreign exchange market
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. In terms of volume of trading, it is by far the largest market in the world....
China Warns Soros Against ‘Declaring War’ On Its Currency
Days after billionaire George Soros forecast a hard landing of the Chinese economy, Beijing retaliates by warning the high-profile investor from betting against its currency. "Soros’ challenge against...
ISIS Has Minted Its Own Gold Currency
June 30, 2015 - Rumors circulated online late last year that the Islamic State was attempting to mint its own precious metal-backed currency. Last week, photographs emerged on social media that appear...
United States To Put Woman On $10 Bill
The United States is set to put the picture of a woman on an American banknote for the first time in over a century, breaking the hold that white male political heroes have had on the greenback. The T...
Exchange rate
In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also reg...
Forward contract
In finance, a forward contract or simply a forward is a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today, making it a ty...
Foreign exchange swap
In finance, a foreign exchange swap, forex swap, or FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates (normally spot to forwar...
Currency future
A currency future, also FX future or foreign exchange future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on t...
Foreign exchange option
In finance, a foreign-exchange option (commonly shortened to just FX option or currency option) is a derivative financial instrument that gives the right but not the obligation to exchange money denom...
Safe-haven currency
Hard currency, or safe-haven currency is any globally traded currency that is expected to serve as a reliable and stable store of value.Factors contributing to a currency's hard status might include t...
Fixed exchange rate
A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime where a currency's value is fixed against either the value of another single currency, to a basket of ...
Foreign exchange company
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and compan...
U.S. Dollar Index
The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies.It is a weighted geometric mean of the dollar's value relative t...
China Warns Soros Against ‘Declaring War’ On Its Currency
Days after billionaire George Soros forecast a hard landing of the Chinese economy, Beijing retaliates by warning the high-profile investor from betting against its currency. "Soros’ challenge against...
Effective exchange rate index
Effective Exchange Rate is an index that describes the relative strength of a currency relative to a basket of other currencies. Although typically that basket is tradeweighted, the Trade Weighted Ef...
Covered interest arbitrage
Covered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries by using a forward contract to cover (eliminate expo...
Commodity money
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves as well as value in their use as money.Examples of co...
ISIS Has Minted Its Own Gold Currency
June 30, 2015 - Rumors circulated online late last year that the Islamic State was attempting to mint its own precious metal-backed currency. Last week, photographs emerged on social media that appear...