Understanding the dynamics of currency pairs is essential for both novice and experienced traders in the foreign exchange or forex market. At the heart of calculating and reading exchange rates lies ...
Currency intervention is not a new thing. When China does it, the West calls foul. When Japan does it, it’s just another Tuesday. But what is currency intervention? This process involves a country’s ...
Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...
You're visiting another country and making a purchase with your credit card. Then, the credit card terminal asks if you'd like to pay in U.S. dollars or in the local currency. This might sound like a ...