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Meanwhile, some smart business-minded marketing machines introduced internet-based trading platforms for individual trawn as “retail forex brokers”,... -
Once the 1990s came along, thanks to computer nerds and the booming growth of the internet (cheers to you Mr. Al Gore), banks began creating their own...Leave a comment:
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At first, it was difficult to determine fair exchange rates, but advances in technology and communication eventually made things easier.Leave a comment:
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Soon enough, come 1971, the Bretton Woods Agreement was abolished and replaced by a different currency valuation system. With the United States in the...Leave a comment:
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the major economies of the world started to change and grow at different speeds, the rules of the system soon became obsolete and limiting.Leave a comment:
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nown as the “Bretton Woods System,” the agreement set the exchange rate of all currencies against gold. This stabilized exchange rates for a while,Leave a comment:
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At the end of the World War II, the whole world was experiencing so much chaos that the major Western governments felt the need to create a system to...Leave a comment:
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Don’t worry… Once you graduate from the School of Pipsology, you can be part of this cool crowd! Of course, how can you be one of the cool...Leave a comment:
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This is probably the mantra of the speculators. Comprising close to 90% of all trading volume, speculators as forex market players come in all shapes...Leave a comment:
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Sometimes, central banks think that their currency is priced too high or too low, so they start massive sell/buy operations to alter exchange rates.Leave a comment:
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