Currencies

You might think the currency market is an orderly process for exchanging dollars, yen and euros as trade settles around the world.

Learn why it’s more accurate to think of the currency market as a freewheeling, unregulated and dynamic zone open to interventions, rigging and fixes.

It can lead to all sorts of traps for the unwary investor. Brokers, investment firms, speculators and central banks are all trying to get the market going their way. We try to make sure you’re on the right side of the trade.

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The Bank of Japan Just Postponed the Next Financial Crisis

The Bank of Japan (BoJ) stunned markets last Friday when it lowered interest rates to -0.1%. With rates already at zero, the BoJ joined the ranks of central banks that have pushed rates into negative territory. If you’re shocked by any of this, you haven’t been paying attention to what’s going on. Even though markets act surprised, they really shouldn’t be. Anyone that’s following what central banks have been doing would’ve seen the writing on the wall.
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Why the Great Aussie Dollar Collapse Still Looms in 2016

There would’ve been quite a number of glum faces around the Reserve Bank boardroom this morning. Overnight, the Aussie dollar gained on the greenback, hitting a high of US$0.71. It’s disappointing because, as the RBA never fails to remind us, a weak dollar is a good dollar. Don’t ask them to explain why. They’ll mention something about tourism, or education. Apparently, these are the new pillars the Australian economy is hanging its hat on. Well, whatever works, right?