Bank of American and Citigroup have agreed to end operations at 1,200 branches in the capital and to close a further 700 branches, the companies announced on Wednesday. The decision comes after Bank of Americans, the country’s second-largest bank, announced last week that it was closing its remaining branches in parts of London. Citi has more than […]
Real foreign exchange strategy is a strategy used to manage risk in the global financial markets.In other words, the strategy focuses on controlling risks through hedging, rebalancing, and hedging against foreign exchange risks. The strategy is often used to offset risks that could adversely impact the market, such as the loss of a country’s financial resources […]
Foreign exchange markets have struggled for years, as investors have fled the global economic downturn.But, since the end of 2015, the S-share of the index has more than doubled to about 1.3% from around 0.5%.That has helped to drive prices higher, even as the S and P have traded below their long-term averages.The S&s has […]
Facebook CEO Mark Zuckerberg announced today that the company will begin using an updated foreign exchange rate algorithm for its foreign exchange trading in 2017.“We are updating our foreign exchange market definition to be more accurate and to better align with what the U.S. Treasury uses,” Zuckerberg said in a statement.“The U.K. Government’s current approach […]
Foreign exchange is an important asset in the global economy, and it can play an important role in making sure the prices of some of the world’s most valuable assets, like stocks and bonds, are fair.But it is also an important tool for foreign governments to control inflation and inflation expectations, which is what the […]
When it comes to foreign exchange, India’s economy is an odd one, and its currency is a big part of that.Here’s everything you need to know about the Indian rupee, from how to trade to the value of the notes it’s issued.Read more>>
On Monday, a major exchange rate adjustment program announced by the Reserve Bank of Australia will have its first operational test.The program is designed to allow the Reserve to keep the rate it has set at the time of the currency swap program as a reference point.This means it will be possible for the Reserve, […]
AUSTIN, Texas — — The labor market is getting harder for companies to find.A number of factors have contributed to that, but it also includes a shortage of skilled workers and a slow recovery in wages and benefits, said Chris Zablocki, senior economist at The Zablocks.“That’s why companies are looking for ways to diversify their […]
Foreign exchange broker NAB has revealed its latest research on foreign exchange scams involving “sims” who use the internet and the dark web to prey on unsuspecting customers.The company’s latest report into the growing problem comes after the Australian Taxation Office (ATO) last month revealed it was investigating the use of dark web sites to […]
Foreign exchange bag holdings are the main way to hedge foreign exchange exposure, according to a new report.Foreign exchange exposure is the difference between the amount of money you have and the amount you need to pay out of pocket.Foreign currency assets are used to fund the purchase of goods and services.Foreign currencies also are […]