The top 10 are responsible for 90% of all forex trades. They include the U.S. dollar (USD), euro (EUR), Japanese yen (JPY), pound sterling (GBP), Australian dollar (AUD), Canadian dollar (CAD), Swiss franc (CHF), Chinese renminbi (CNH), Hong Kong dollar (HKD), and New Zealand...
Each currency has its own ARR, and in turn, a spread adjustment percentage is used to calculate interest rates on overnight funding and general spreads for Pepperstone clients. The ARR categories are: Current benchmark ARR GBP GBP LIBOR SONIA USD USD LIBOR SOFR EUR EUR LIBOR ESTR CHF CHF LI...
As the use of data in business evolves, many niche data architecture roles are emerging. Data architects can earn a great deal of money; top-paying countries include Switzerland, the United States, Australia, Germany, and Canada. To become a data architect, you’ll need to develop your ...
The CCP collects money from each buyer and seller to cover potential losses incurred by failing to follow through on an agreement. In such cases, the CCP replaces the trade at the market price. Monetary requirements are based on each trader’s exposure and open obligations. How a Central Cou...
–USD/CHF:2 points (min spread), typical spread is 4 points IG Indexoffer 1 pip spreads in certain market conditions, however at other times they will widen the spread. However, this widening is capped to 3 times their typical spread (maximum) so should the underlying foreign exchange marke...
Take your time when looking for a forex broker because a bad decision can be costly. Top brokers will offer robust resources, low trading costs, and access to the worldwide interbank system. They’ll also handle your money with care, even if you open a small account in the hopes of turn...
Also, the gold and silver standard have resulted in allocating a set monetary value to a specified weight of the precious metal, and this ripple effect reached metals like palladium. Other currencies you may see palladium quoted in are GBP, CHF, JPY, CNY, AUD, and CAD, to name a few. ...
Loans are the most profitable asset, the higher the quality, the better. A conservative and prudent bank, does not take exaggerated risks when lending and investing your money. Ideally, a bank should have a loan-to-deposit ratio below 90% and have high-quality loan portfolio to ensure their...
In fact, staking is one strategy that can even generate a passive income. You simply deposit coins for a fixed period of time to earn interest. But how does it work? Who can do it? Find the answers to all those questions and more in this breakdown of staking. What is Staking in Cr...
Reasons for strong negative correlation between EUR/USD and USD/CHF: USD is the base currency of EUR/USD, while it is the quote currency of USD/CHF. They share a USD component, only flipped. What does this mean? It means when there is a world economic panic, as there was in 2008, ...