Posts Tagged ‘Forex video’

Random video

Archives

Gold and the Bank of England

Hi, my name is Mary, and I work for the Bank of England. Today, I am going to tell you about gold. In early times, gold was used as money. It has an intrinsic value and it is hard to damage or forge. Though gold is no longer used as money, it continues to be prized for its value, and it used for investment worldwide. The Bank of England keeps around 400,000 gold bars in its vaults. […]

Daily Forex News and Analysis — May 28th 2017

The EUR/USD pair fell by 0.24%, closing the week at 1.1183. The GBP/USD pair dropped by 1.07%, closing the week at 1.2804 exchange rate. British Airways experienced a massive computer failure on Saturday, causing the airline's systems to cancel most of its flights and leaving many passengers stranded. As of this morning, some IT services have returned and long haul flights are scheduled to operate as normal. It remains unclear at this point how the outage […]

Who Sets the Exchange Rate?

The exchange rate is the amount of one currency you can buy with another. In some countries, the central bank sets the exchange rate. The Bank of England is the UK's central bank, but it does not set the exchange rate for the pound. The exchange rate for the pound is decided by supply and demand. Just as the price of a train journey is higher at peak times when more people need to travel, the pound gets stronger […]

Daily Forex News and Analysis — May 25th 2017

Wall Street finished in the green as investors believe a rate hike may come sooner than expected. The Dow Jones rose by 0.36% and the NASDAQ added 0.40% to its value. The US dollar traded mixed against the other major currencies as the Fed gave investors some clues about a potential rate hike next month. The Existing Home Sales came out less than expected at 5.57 million vs. 5.65 forecasts. Today, […]

Technical Analysis — Bull Flag

A bull flag is a continuation pattern and we are looking for a continuation of the trend. We are looking for a continuation of trend. As traders, we get to watch the whole flag formation unfold before our eyes and then expect what might be coming next, and to capitalize on the trend to continue. Basically, they happen in bullish and bearish conditions, all markets, all price ranges, happen frequently, and very reliable pattern. They are quite […]

What Is Treasury Note ?

A treasury note is a US government debt security that offers a fixed interest rate and a maturity date that ranges from one to ten years. The government sells treasury notes to help fund its debt. They are issued at a $1000 par value and pay interest twice a year. They are redeemed for full face value at maturity and income from treasury notes is only taxed at the federal level. Since […]

What Is the Bank of England?

Hi, my name is Tiago and I work at the Bank of England. The Bank of England is the central bank of the United Kingdom. We are different to a bank you would come across in the high street. That means we don't hold accounts or make loans to the public. We issue bank notes that you spend in shops. There are over 3 billion of these notes in circulation, worth over 60 billion pounds. We […]

Why Do Interest Rates Matter to Me?

Hi, my name is Jeff, and I work at the Bank of England. Today, I am going to tell you about interest rates. Interest rates were cut sharply in 2009 and remain extremely low by historical standards. With rates so low for so long, do they really matter anymore? Yes, they do. Whether you are running a business or a family on a budget, interest rates continue to affect our daily lives and have […]

Daily Forex News and Analysis — May 24th 2017

Wall Street closed higher, as the recent political turmoil weighing on equities eased in the wake of president Trump's absence. The Dow Jones rose by 0.21% and the NASDAQ added 0.08% to its value. The US dollar rose against a basket of major currencies on Tuesday, as investors waited for president Trump's budget proposal to be presented to Congress. Today, the FOMC Meeting Minutes is expected. Gold fell, closing at $1,252 an ounce. Crude Oil rose, closing […]

Why Do Bank Notes Have Value?

Hi, my name is Dan, and I work at the Bank of England. Today, I am going to tell you about the value of banknotes. In 1694, when the bank opened, it took deposits of gold coin from its customers. It issued paper receipts, or notes in return. These were used as convenient ways to pay for things, rather than using gold. People accepted these notes as a promise to pay knowing they could take them […]

Navigation

Menu