Starting with the Bretton Woods currency system (1944), the US dollar has been the main international reserve currency, so the quotes of other countries’ currencies are expressed through the US dollar. Types of currency quotes: – Direct quote (fixed amounts of the foreign currency are… Read More »Why Do We Analyze Futures Instead of Forex?
April 5, 2021
Standardized (according to quality, quantity, delivery time and place) contracts, for the purchase and sale of financial instruments or physical commodities, for future delivery on a regulated commodity futures exchange. Who Trades Futures? Conventionally, traders are divided into two main categories, hedgers and speculators. Hedgers… Read More »What Are Futures?