Main Street investors looking to enter the foreign currency investing market, or forex, should do so with eyes wide open, as currencies are one of the more complex markets. Even so, currencies are a ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Definition: Fiat currency is a form of money or tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The ...
Shorting a currency is usually done in response to a bearish market view on that currency’s exchange rate. In general, shorting currency involves opening a new position by selling one currency and ...
Figuring out how much money is out there in the world is a tricky business. Money isn’t just the cash you see in your wallet; ...
Digital currencies, including cryptocurrencies, reduce transaction times and costs by eliminating intermediaries. Investing in cryptocurrencies offers high returns but includes risks like hacking and ...
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After the U.K. recently voted to leave the European Union, Brexit spurred many Americans into suddenly considering the value of the U.S. dollar. Too often, however, even experienced travelers don’t ...
The messaging service WhatsApp said this week it is piloting a new feature that allows U.S. users to send money without paying fees, using cryptocurrency. The new payment service marks yet another ...
Humans have been using gold as a store of value for millennia. The earliest pure gold coins date to about 560 B.C. in what is now Turkey. Gold coins proliferated for many reasons: The metal is shiny, ...