Category Archives: Forex
Cryptocurrency still seems to be a tough concept to understand following its launch in 2009. Heading to a decade now, cryptocurrency has gained its root across the globe. While some countries have gone ahead to adopt their own cryptocurrencies, Bitcoin stands tall as the most popular cryptocurrency – having 40 percent of the total cryptocurrency market. As difficult it is for a layman to understand this concept, it is also very difficult to explain to a traditional finance person. However, individuals and businesses do not necessarily have to fully understand the concept of cryptocurrencies before enjoying the benefit. CEX.IO has built a long reputation in Bitcoin trade and enhancing a gradual understanding of its client to fully comprehend the concept of cryptocurrencies.
SWIFT RMB Tracker shows an overall decline in RMB payments by value for 2016, closing out the year in sixth place among currencies used for international payments
The South African Rand (ZAR) is one of the most volatile emerging market currencies. Combined with extensive international hedge fund carry trade participants and the uncertain nature of the political landscape, you have a perfect currency to trade Binary Options with.
Tumisho Grater, Economic Strategist, Novare Actuaries and Consultants
If you’re looking for a brokerage firm to work with, look no further than Binary Uno. There are a lot of brokerage firms out there, but Binary Uno is, by far, one of the most interesting of them all. This firm offers an excellent layout and an attractive design that is easy to use.
Since the year 2016 began, we have experienced a series of random fluctuations in prices both in the commodity and financial markets. This has been a global phenomenon and Africa as a continent was not let out of the ongoing global economy shake-up. With most African economies being dependent on commodity markets, the drop in oil prices has hit some of them hard such as Nigeria. Nevertheless, other economies have remained resilient and shrugged off the global turbulence to maintain a stable outlook both in the short-run and in the long run.
Forex market is extremely competitive, which why finding the right brokers can be quite a daunting task, especially for a newbie trader. When you are looking around for a suitable brokerage platform to open a trading account, it is vital to consider certain factors.
Gold has been a great blessing for Africa in the last decade. The recent ‘gold rush’, spurred from the rally in the gold price from below $700 per ounce to an all time high of over $1,900 per ounce, has had a very positive socio-economic impact on Africa’s ‘gold nations’. South Africa, Ghana, Tanzania and Sudan are amongst the top 20 biggest gold producers in the world. These countries’ economies have benefitted greatly from mining and exporting the precious metal over the last decade. However, it is not only the South Africans, Ghanaians, Tanzanians and Sudanese who can benefit from gold. Every middle class African now has the opportunity to benefit from an increase in the value of gold. They can do so by purchasing gold as a financial investment.