Tether is one of the most popular stablecoins around today. In this post, I’ll explain what a stablecoin is, what Tether is and how it works.
When people think of stablecoins, Tether is one of the first names that comes to mind. Despite its issues, it's a very popular choice used for crypto lending and trading. Lyle Dalyhas positions in Bitcoin, Ethereum, Solana, Tether, and USD Coin. The Motley Fool has positions in and re...
The quote itself is a ratio of how much of the quote currency the trader can purchase one unit of the base currency. If the quote for a EUR/USD pair is 1.06, it means 1 euro (EUR) is worth $1.06 (USD). How can you trade in the forex market? You can start forex trading by ...
Relive the excitement of UEFA EURO 2024™ with WorldFirst. Discover key stats, records and the joy of one of football's biggest event. Dec / 2024 You might also like WorldFirst articles cover strategies to mitigate risk, the latest FX insights, steps towards global expansion and...
The Letch makes a “tell it like it is” call that mentions Mangler is overheard. A UBS trader makes a couple of calls which result in a final one to his imminently ex-boss involving the words “HOW MUCH???” being screamed a lot. To ...
The exchange rate is the relative value or purchasing power that a unit of one nation's currency has as opposed to another nation’s currency at a given point in time. In the US, dollar terms are the way in which the purchasing power of a unit of foreign currency is expressed. A unit...
We had salade: one with smoked salmon, scampis and mussles, the other one with octobus. Both were very fresh and tasty and portions huge. Price just above 10 euro each. For desert tarte tatin and ice cream. Very good. House wine and coffee, a...
hedge the USD/CHF by the dollar equivalent amount for a euro each month. We do this by multiplying the USD/CHF return by the EUR/USD rate at the beginning of each month. We hedge by buying US$1.14 against the Swiss franc if one euro is equal to US$1.14 at the beginning of the ...
The U.S. dollar index is currently calculated byfactoring in the exchange ratesof six foreign currencies, which include theeuro(EUR), Japanese yen (JPY), Canadian dollar (CAD),British pound(GBP),Swedish krona(SEK), and Swiss franc (CHF). The euro is, by far, the largest component of t...
The USD is the most widely used in international transactions, as well as the one considered to be the safeststore of value. A small but perfect example of this is how the USD is accepted as a means of currency in many emerging market nations when the USD is by no means used as the ...