FX 101

Defining a recession Essentially, a major indicator of a recession is when there is a widespread, prolonged, and significant...

Which countries are in the eurozone? At the time of writing, there are currently 20 countries in the eurozone,...

Origins of the złoty The term ‘złoty’ means ‘golden’ in Polish, and first appeared in Poland in the late...

What caused the Eurozone crisis? What’s interesting to note about this crisis is that it was generated by a...

Stocks vs bonds It’s important to understand in this puzzle the difference between stocks and bonds. A stock represents...

What currency do they use in Ireland? The Republic of Ireland uses the euro and Northern Ireland uses pound...

Is the value of a currency the same as the strength of an economy? Technically, no – the value of...

The creation of the euro The creation of the euro and eurozone has not been straightforward. The first concrete...

Economy of Greece pre-crisis In 2000, Greece was accepted into the Economic and Monetary Union of the EU, joining...

How much do we spend at Christmas? According to Finder.com’s statistics, the average person in the UK is expected...

Origins of the eco There have been several proposals of a one African currency, the first being back in...

Challenges of a universal currency Currencies are not just exclusive to a singular country, and throughout history, currencies have...