As the October 2024 BRICS summit approaches in Russia, there is growing speculation about the creation of a new BRICS currency. The introduction of a shared currency could have far-reaching implications for global forex markets, reshaping the financial landscape in ways that traders and investors must closely monitor.
Understanding the differences between an Introducing Broker (IB), Clearing Broker, and Executing Broker is essential for traders and investors looking to navigate the brokerage landscape effectively.
As global interest rates began to rise at the start of 2022, JPY weakened against the major currencies. Learn about the history of the currency, from the Meji Restoration to current times.
The influx of international visitors, increased economic activity, and global media attention can lead to fluctuations in the host country’s currency value.
Inflation is a critical economic indicator that significantly impacts the forex market. Understand the key metrics and how they affect all things from interest rates to swaps.
Both Introducing Brokers (IBs) and affiliates play crucial roles in connecting clients with brokerage firms. Understanding the differences between these roles can help individuals and businesses choose the right path for their goals and capabilities.
Becoming an Introducing Broker (IB) can be lucrative and fulfilling. As an IB, you’ll act as a vital link between clients and brokerage firms, earning commissions based on your clients’ trading activities. Discover the step-by-step process to embark on this journey.
As we look ahead to 2024, understanding the multifaceted nature of silver is essential for traders aiming to capitalise on its potential.
As the forex market is decentralised and spans multiple continents, it operates almost continuously throughout the year. While it remains open even during most national holidays, there are some significant exceptions, like Christmas and New Year’s Day, when it shuts down. However, the local bank holidays can be particularly tricky for forex traders. Banks play…