Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Gordon Scott has been an active investor and technical analyst or ...

Foreign currency contracts subject to the Sec. 1256 mark-to-market rules would be defined as only including forward contracts, under proposed regulations the IRS and Treasury issued Tuesday ...

Fiat currencies are issued and regulated by a country’s central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed by ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

(MENAFN- Daily Forex) Currency bands are defined as a spectrum of exchange rates for a nation's currency that the economy's central bank works to retain the rate of exchange within. A central bank ...

The quote currency is the second currency listed in a forex pair. It is also known as the counter currency. The price of a forex pair reflects how much it costs to purchase one unit of the base ...

(MENAFN- Daily Forex) Currency pairings are used to estimate currency unit prices in the forex market. The base currency (also known as transaction currency) is the initial currency mentioned in a ...