Month: March 2022

There are different kinds of services that consumers use every day. There are common and often used services based on the convenience and location such as dry cleaning services, cab services and so on etc. There are also specialized services Read More …

Market psychology and trader perceptions influence the foreign exchange market in a variety of ways: • Flights to quality: Unsettling international events can lead to a “flight-to-quality”, a type of capital flight whereby investors move their assets to a perceived Read More …

These include: economic policy, disseminated by government agencies and central banks, economic conditions, generally revealed through economic reports, and other economic indicators. • Economic policy comprises government fiscal policy (budget/spending practices) and monetary policy (the means by which a government’s Read More …

The following theories explain the fluctuations in exchange rates in a floating exchange rate regime (In a fixed exchange rate regime, rates are decided by its government): 1. International parity conditions: Relative purchasing power parity, interest rate parity, Domestic Fisher Read More …

Money transfer companies/ remmitance companies perform high volume- low value transfers generally by economic migrants back to their home country. In 2007, the Aite Group estimated that there were $369 billion of remittances (an increase of 8% on the previous Read More …

The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, Read More …