So, over the last twenty-four period I must ask whether the Federal Reserve, arguably the most important of the world’s central banks due to the dollar’s reserve currency status, may have said something that has traders questioning their faith in the dollar? Continue reading How well did Powell pitch the dollar last week?
Foreign exchange Currency pair x-rates.com OANDA USD/EUR 0.9171 0.9168 USD/GBP 0.7890 0.7877 USD/AUD 1.5035 1.5029 USD/NZD 1.6289 1.6303 USD/CHF 0.8994 0.8957 USD/JPY 144.9275 144.9275 * Rates as of 8:45 am, 3 July 2023 I am taking a different approach to following the foreign exchange markets with an emphasis on how well the Executive (Government) is … Continue reading How is government managing the currency today, 3 July 2023
Blacks blew this one. The next phase is for blacks to take control of the policy agenda; to go into the courtrooms and legislatures to add meat to the compelling interests of the State. Continue reading Blacks blew affirmative action all on their own. Now to the next phase …
Foreign exchange rates as of 9:20 am EST, 1 July 2023 Currency pair Federal Reserve (1) x-rates.com OANDA EUR/USD 1.0887 1.0904 1.0884 GBP/USD 1.2701 1.2689 1.2662 AUD/USD 0.6687 0.6660 0.6639 NZD/USD 0.6149 0.6138 0.6105 CHF/USD 1.1137 1.1166 1.1140 JPY/USD 0.0070 0.0069 0.0069 What is the foreign exchange market? Financial media website Investopedia defines the foreign … Continue reading What is the foreign exchange market and why is it important?
I don’t know about you, but it can be annoying to get hit with requests to connect by someone who is ready to show me how to trade options or forex. They provide you with a backstory that is likely fake; show you printed checks or balance sheets that you cannot corroborate; or show you websites filled with red and green Japanese candlesticks containing likely phony information. Continue reading Is your introducing broker (IB) registered?
Currency pair Federal Reserve System (1) x-rates.com OANDA EUR/USD 1.0887 1.0930 1.0934 GBP/USD 1.2701 1.2655 1.2681 AUD/USD 0.6687 0.6636 0.6626 NZD/USD 0.6149 0.6097 0.6095 CHF/USD 1.1137 1.1179 1.1163 JPY/USD 0.0070 0.0069 0.0069 Today’s definition: What is an introducing broker? Investopedia, a financial information website, defines an introducing broker as: ” [A] broker in the futures markets who … Continue reading Interbank market news scan: Foreign exchange rates as of 8:01 am EST.
Currency pair Federal Reserve System(1) x-rates.com OANDA EUR/USD 1.0887 1.0931 1.0944 GBP/USD 1.2701 1.2635 1.2737 AUD/USD 0.6687 0.6609 0.6694 NZD/USD 0.6149 0.6076 0.6173 CHF/USD 1.1137 1.1137 1.118 JPY/USD 0.0070 0.0069 0.0070 Rates reflected in American terms. (Are you ready to take trading to the next level? http://toptiertrader.com/?ref=1449) Today’s definition: Retail foreign exchange dealer Investopedia offers … Continue reading Interbank market news scan: Foreign exchange rates as of 8:43 am EST
Currency pair Interbank market(1) Bank of America Wells Fargo OANDA EUR/USD 1.0887 1.0300 1.1471 1.0906 GBP/USD 1.2701 1.2037 1.3375 1.2722 AUD/USD 0.6678 0.6308 0.7023 0.6678 NZD/USD 0.6149 0.5825 0.6479 0.6164 CHF/USD 0.8979 1.0593 1.1754 1.11719 JPY/USD 0.0070 0.0066 0.0074 0.0070 What is counterparty risk? According to the news and education website, Investopedia, counterparty risk is … Continue reading Interbank market news scan: Comparison of foreign exchange rates amongst banks; defining counterparty risk.
If converting the analog representation of currency, i.e., a coin or banknote, into discrete units of data (bits) that can be separately addressed (identified or designated) can provide the American public with a financial system it can still have confidence in while maintaining the legitimacy of the government, then Congress could expand on the definition of coining money to include the digitization of money. Continue reading Central bank digital currencies: Is coining the money the same as digitizing the money?
Lawyers Write the Bets. Bankers Sell the Bets. 