Copyright © 2024 mydayfinance.com
ADVERTISEMENT
ADVERTISEMENT
Knowledge
forex knowledge:find here getting started with forex,forex strategy,forex trading strategy
What are the main activities of a central bank
(1) Liabilities of the central bank.(1).Reserves include currency issues and other depository corporate deposits.¢Ú Issue bonds.The program consists mainly of...
Read moreWhat is the impact of the non-farm data on the foreign exchange market
In the United States, the increase and decrease in the number of non-farm workers and the unemployment rate are important...
Read moreWhat are international Reserve assets
International reserve assets are the sum of gold and assets held by a country for the purpose of maintaining international...
Read moreHow to determine the optimal proportion of foreign exchange reserves
To determine the best ratio of the following three options: 1. Selection of varieties In general, it is necessary to...
Read moreWhat is a Special drawing Right
The SDR is a reserve asset and unit of account created by the IMF, also known as "paper gold". Special...
Read moreWhat is long dollar
A long position is one that buys dollar contracts and is in a bullish position.In other words, Chinese investors are...
Read moreWhat is foreign exchange fund management
Fund management refers to the control measures that a government authorizes the national financial management authority or other state organs...
Read moreWhat is free exchange?
Freedom ALSO REFERS TO ALL kinds OF payment vouchers expressed with foreign currency, which can be circulated and transferred in...
Read moreThe most common arbitrage strategy in foreign exchange trading
To design an effective arbitrage strategy, you must first understand your trading strategy. It's important to identify what type of...
Read moreWhat does it take to become a reserve currency
The conditions that a country becomes must have are: ¢Ù the country occupies an important position in the world's commodity...
Read moreWhat are the characteristics of the RMB exchange rate system
1. Based on market supply and demand, it is determined according to the new system and is closely related to...
Read moreThere are several international reserve currencies
The eight international reserve currencies are: RMB ¡¢¡¢¡¢¡¢ British pound, Australian dollar and Canadian dollar.International reserve currency is a circulating...
Read moreWhat is exchange parity
Parity refers to the gold parity ratio of each country when it adopted the gold standard system.It also refers to...
Read moreWhat kinds of foreign exchange market arbitrage
Arbitrage has two kinds: 1, cover the cover arbitrage refers to arbitrageurs only USES two kind of different with different...
Read moreWhat is foreign exchange leverage
Trading is the use of small amounts of money for many times the original amount in the hope of earning...
Read moreWhich country does the Canadian dollar symbol belong to
C$is the Canadian symbol for the Canadian dollar.It is the official currency of Canada.Early Canadian notes were issued by the...
Read moreWhat is the exchange cost
Cost refers to how many yuan it takes to exchange one unit of an export commodity.In other words, how many...
Read moreIs the official rate the legal rate
Due to its legal nature, the official exchange rate is also known as the legal exchange rate, which usually refers...
Read moreWhat’s a good time frame to do the deal?
Choosing a time frame that doesn't fit your trading strategy or personality can be one of the biggest mistakes you...
Read moreWhat is a foreign exchange account
It refers to convertible accounts opened by domestic institutions, institutions in China and individuals in banks and non-bank financial institutions...
Read moreRecent Posts
How Much Was 800 Russian Rubles Worth in 1986?
The value of currency is not static; it fluctuates based on economic conditions, inflation, and market dynamics. Understanding the historical...
What Is Value of 1 Rupee Note?
The 1 rupee note, a currency denomination that may seem modest in value, holds substantial significance in the realm of...
Is UBS Financially Stable? A Comprehensive Analysis
UBS Group AG, headquartered in Zurich, Switzerland, is one of the world’s largest and most prominent financial institutions. Known for...
How Much Is a Singapore $1000 Note Worth Now?
In the dynamic world of finance and currency, the value of money often transcends its face value. This is especially...
Where Does the Profit from the Bank of Canada Go?
The Bank of Canada (BoC) is a central institution in Canada’s financial system, responsible for a variety of critical functions...
Is It Good to Buy Swiss Francs?
In the realm of foreign exchange, the Swiss franc (CHF) is often regarded as a stable and reliable currency. It...
Can You Use Sterling in Europe?
The concept of using sterling (British pounds, GBP) in Europe can be complex, given the diverse monetary systems across the...
MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.