The largest market for trading currencies is the forex market. Millions of dollars are traded every day. Beginning traders need to know five steps when trading the most common currency conversions and what their uses are. The next step is for the traders to know the characteristics of the six most popular currencies.
Forex Market Trading – Understanding the Forex Market Forex market trading is a derivative of the foreign exchange. The foreign exchange market now known as the forex market or fx has not been around for many years. It originated in the early 1970’s when the United States stopped using the gold standard. When…
Using VIX in Exposing Complacency While much has been said about the efficacy of the VIX to expose rising fear in the market, the index also deserves at least the same amount of ink spilled for its ability to expose rising risk appetite, sometimes also known as rising complacency. The chart illustrates how…
The First Dollar Crisis (1977–1979) The U.S. dollar rebound of the mid-1970s came to a halt in summer 1976. What followed in the second half of the decade would be a five-year decline in the currency, unprecedented in the new post–gold standard era. [ad code = 3] Jimmy Carter’s presidential campaign against Gerald…