Social Trading is a relatively new concept in the world of buying and selling that has caught on with both novices and experienced conservatives. This article will explain what social buying and selling is all about.
Category: Forex
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Dive into the ruble exchange rate in the wake of harsh sanctions
With a three-hour delay, at 10:00 local time (09:00 Cyprus time) the foreign exchange market will open in Moscow, while there will be no trading of foreign exchange resale agreements (Forex Repo) announced the Moscow Stock Exchange. The announcement comes as the ruble plunged to historically low levels against almost all other currencies, in the...
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How Russia’s $ 300 billion in foreign exchange can shake markets
About $ 200 billion is in foreign exchange swaps and another $ 100 billion in foreign bank deposits Credit Suisse’s strategic analyst Zoltan Pozsar, who shows that Russia has about $ 300 billion in foreign currency swaps abroad, reveals the difficulty Western governments face in imposing sanctions on Russia. This is money that can shake...
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Coinbase Plans To Sell Derivatives
Major cryptocurrency exchange Coinbase said it is buying a crypto futures exchange, FairX, as a move to offer crypto derivatives to traders in the United States. Coinbase said in a blog post on Monday that it is buying FairX for $400 million, and plans to integrate its platform with the exchange. The company said the...