Interbank. Why do market-makers provide high leverage? Given that a high percentage of forex traders lose money, do these brokers take advantage of traders’ risk? Or do brokers pass the orders to the interbank network and make money off of spreads? Here are a few answers. https://www.fxstreet.com/education/are-market-making-brokers-taking-advantage-of-high-leverage-answers-to-painful-questions-202201181529 Source: FXStreet.
Interbank, Ghana. As expected, the Monetary Policy Committee of the Bank of Ghana has kept the policy rate at 14.5%. https://www.myjoyonline.com/policy-rate-kept-unchanged-at-14-5-interest-rates-record-mixed-trends/ Source: MyJoyOnline.
Interbank, U.S. Treasury. The U.S. Department of the Treasury announces marketable borrowing estimates. https://home.treasury.gov/news/press-releases/jy0575.
Interbank, U.S. Treasury. Benjamin Harris, Treasury Department assistant secretary, issues statement on U.S. economic status and expectations. https://home.treasury.gov/news/press-releases/jy0574.
Foreign exchange rates of interest
EUR/USD=1.1187
GBP/USD=1.3429
USD/MXN=20.7222
USD/GTQ=7.5034
USD/NGN=415.212
USD/GHS=6.2370
USD/VND=22,646.7
USD/JPY=115.32
USD/INR=74.7022
Source: OANDA
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