China. yuan. prime rate. “Under the authorization of the People’s Bank of China (PBC), the National Interbank Funding Center (NIFC) … More
Tag: foreign exchange
Interbank market news scan. Foreign exchange and crypto rates as of 12:00pm; Crypto’s lack of narrative ties it to fiat …
Until the trust issue is firmed up by a supporting interconnected system of markets that provide goods and services, crypto’s narrative will remain on the losing end when debating the fiat’s narrative.
Interbank market news scan: FedNow closer to launching; foreign exchange, crypto rates ….
In this small example, the edge could simply be knowing that until an opinion is read fully, you should not assume any price action on a first reading is the right one. A trader should consider understanding the impact of political decision making as part of her edge.
U.S. vs The BRICs: Foreign exchange rates of interest as of 8:45 am EDT
Currency Pair Broker’s Bid Broker’s Ask Broker’s Spread USD/NGN 422.2840 423.2840 1.0000 RUB/NGN 6.9208 6.9454 0.0246 USD/INR 79.8798 80.0148 0.1350 … More
US vs. The BRICs: Foreign exchange rates of interest as of 10:45 am EDT
Currency Pair Broker Bid Broker Ask Broker Spread USD/INR 79.7970 80.0470 0.2500 USD/BRL 5.0625 5.0658 0.0033 USD/NGN 421.7000 422.7000 1.0000 … More
Foreign exchange rates as of 1:48 pm AST. Slight drop in exchange rates. DXY flat from yesterday …
How the globe views the dollar affects you at home…. Currency Pair Today’s bid Today’s ask Broker’s spread USD/ETH 0.0006 … More
Foreign exchange rates for select Caribbean nations as of 12:38 am EDT
USD/XCD=2.70 USD/DOP=53.3116 USD/HTG=127.4900 USD/JMD=149.6240 USD/BBD=2.00 USD/TTD=6.6329 USD/GYD=199.3480 USD/BTC=0.0000 USD/ETH=0.00054 Source: OANDA
Assessing CFTC concerns over Shanghai Clearing House
Today, Commissioner Summer K. Mersinger expressed concerns over the Commodity Futures Trading Commission’s Division of Clearing and Risk’s decision to … More
Retail traders fail because they are not necessary to the circulation of currency
The retail trader is not an integral component of this information flow. To the extent that she creates a market for a commodity, currency, that otherwise has no intrinsic value so that the transactions he engages in creates profits for a counterparty bank and taxes for the government is about as far as her relevance goes.
Calling on Your Support to Grow My Blog …
I am making a call for your support. Four years ago I took an interest in international trade and the … More
Alton Drew's The Interbank Market 