An important event took place on August 15, 1971, which exerted influence on the current financial system. President Nixon declared the United States refusal of exchanging dollars for gold. This refusal became unexpected for other countries, that is why a number of presidential economic reforms of those times are called ‘Nixon shock’ and they jeopardized […]
The Swiss franc (code CHF) appeared in 1850 and was equal to one French franc. The Swiss franc is used as a currency for saving capital due to its stability of the exchange rate. Categories and tags were taken from the article about the British pound. Read more: Why is the Swiss franc so stable? […]
Nasdaq, S&P500, Dow Jones – futures (what futures are) on American stock indices are one of the most popular markets in the world.
Dear traders! We continue describing 9 most liquid CME futures. We hope that you enjoyed our previous review. This one will also be interesting. Read the first part of this article in TOP 9 most liquid CME futures. Part 1. Read in this article: 30-Year Treasury Notes (ZB). Gold (GC). Euro FX futures (6E). JPY […]
Dear friends! A historic event took place on April 20 – the May WTI oil futures traded at negative prices, reaching the level of minus USD 40. Yes! The oil price was MINUS FORTY dollars. Buying oil at such a price in real life would mean that you receive money for taking oil from the […]
