Desk

Refers to a group that manages a particular currency or currencies.

Forex brokers provide two distinct prices for a currency pair: the bid price and the ask price. The “bid” indicates the price at which you can SELL the base currency, while the “ask” shows the price at which you can...

Forex, short for “foreign exchange,” pertains to the buying or selling of one currency in return for another. Although termed “foreign” exchange, this is a relative designation. The terms “foreign” and “domestic” depend on the perspective of the individual using them. What is foreign to one person may be domestic to another. “Currency exchange” […]

Forex trading involves the simultaneous purchase of one currency and the sale of another. In the forex market, transactions occur in currency pairs. As the value of one currency fluctuates in relation to another, traders choose to buy or sell currencies to generate profits. Retail forex traders engage in the forex market […]

G7 stands for the “Group of Seven” industrialized nations. It was previously known as the G8 (Group of Eight) until 2014 when Russia was removed due to its annexation of Crimea from Ukraine. The Group of Seven comprises the world’s leading industrial nations: the United States, Germany, Japan, France, the United Kingdom, Canada, and Italy. Why was G7 […]

The Triffin dilemma, also referred to as the Triffin paradox, is an issue that arises when a nation’s currency serves as the world’s primary reserve currency.