How Can I Invest in a Foreign Exchange Market?
The foreign exchange market is the world's largest financial market, accounting for more than $5 trillion in turnover each day....
Investing in Currencies
Forex Trading Career: Pros and Cons
Often perceived as an easy moneymaking career, forex trading is actually quite difficult, though highly engaging. The foreign exchange market...
Hedging in the Forex Market: Definition and Strategies
What Is Forex Hedging? Forex hedging is a strategy used to protect against adverse moves in the forex market. Forex...
How Gold Affects Currencies
Ah, the enduring appeal—and influence—of gold. Even though it is no longer used as a primary form of currency in...
Definition, Types, Features and When to Exercise
What Is a Currency Option? A currency option (also known as a forex option) is a contract that gives the buyer...
How the U.S. Dollar Became the World’s Reserve Currency
A world currency is any money that can freely be used or exchanged for another currency inside or outside the...
How a Strong U.S. Dollar Can Hurt Emerging Markets
How Can a Strong U.S. Dollar Hurt Emerging Nations? After years of keeping interest rates near zero, the U.S. Federal...
How U.S. Stock Prices Correlate to the Value of the U.S. Dollar
As the value of the U.S. dollar rises globally, the U.S. stock indexes tend to rise along with it. Over...
Pros and Cons of the Euro
Importance of the Euro On Jan. 1, 1999, the European Union (EU) introduced its new currency, the euro. The euro...
How Currency Works
Whether we pull out paper bills or swipe a credit card, most of the transactions we engage in daily use...
