Currencies have fascinated me ever since I was a little kid. I used to collect bills and coins of different countries. So, this topic is near and dear to my heart. How do currencies work in the world economy? Now…
Tag: foreign exchange
Is Carry Trade Profitable?
Imagine getting paid interest everyday for holding onto a trade. You don't need to be actively trading or constantly looking at the market - all you need to do is HOLD! When I was learning to trade Foreign Exchange, I…
What moves the United States Dollar?
You might have heard the phrase "strong dollar" and "weak dollar" thrown around by media outlets. What does that actually mean? We discussed in a previous blog post the implication of "strong dollar" and "weak dollar" on economies; if you…
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