Articles on Stock markets
News, Research and Analysis
What is currency convertibility?
Currencies may work fine in a particular country or region, but it may happen that certain currencies are not convertible into other currencies or gold.
Sometimes this is by choice, such as was formerly the case with closed economies like the People’s Republic of China, Soviet Russia, Cuba, and others. Most currencies are convertible into other currencies. Banks, at least the central banks of countries, tend to have reserves of most foreign currencies with their citizens do business.
This partially serves the purpose of giving the central bank the ability to cushion the impact of any sudden changes in the supply and demand of that currency if it might affect the domestic economy in any way. Some foreign currencies are considered too risky for a bank to hold many reserves of, and this currency may find itself classified as non-convertible in the other countries of the world.
In formerly closed economies such as China, Russia, Cuba, and others, the currencies were non-convertible at the prerogative of their governments. Foreign Exchange Certificates (FECs) would be issued to foreigners in instances where conversion was necessary, but the government, for various reasons, used this method to regulate the flow of money across national borders.
What are the Basics of Stocks?
This article and the ones that follow should give you a solid foundation in the knowledge of stocks and their use as...
What is a Lifeline Account?
Lifeline accounts give low-income individuals an opportunity to bank without paying fees or observing a minimum balance
What is a Living Trust?
A living trust describes a trust designed to transfer assets to beneficiaries upon the death of the owner/grantor
What is the Dead Cat Bounce (Bearish) Pattern?
The Dead Cat Bounce pattern appears when a currency pair's price falls quickly but has a temporary “v-shaped” recovery
How are Pension Benefits Computed?
Enrolled actuaries must be used to establish the benefit formula. The amount of money you will receive (monthly) from
How to use the On-Balance Volume in trading
Traders often look for 'harmony' in the movements of the On-Balance Volume (OBV) and a security's price
What is Cost of Debt?
The cost of debt is calculated by dividing the total interest expense by the total amount of debt.
Unlock the Power of Free Trade Signals: A Step-by-Step Guide
What are the Contribution Deadlines for My SEP IRA?
If an employer chooses to make an annual contribution into a SEP IRA, it must be made by the date of Federal Income Taxes
What is Chapter 10?
Chapter 10 is a bankruptcy filing available to smaller corporations where they agree to have their management replaced to oversee a restructuring...