Forex & CFD Basics
Interest Rates
Interest rates are the crucial factor impacting the forex market. A central bank determines the main interest rates on its currency. The rates are tailored in order to provide trade incentives and to control inflation. Lower interest rates serve to boost economic expansion, owing to less costly credit. In the event of higher interest rates, economic More...
Monetary policy and the role of central banks
Central Banks Central banks are national institutions which control the commercial banking field, interest rates, money in circulation and currencies. The idea of central banking was developed long ago, with the More...