Trade Finance

Defining economic growth Traditionally, economic growth is measured by gross domestic product (GDP). This represents the total value of...

Why did the EU adopt the euro? In order to secure peace in Europe after 1945, European countries began...

What has caused the cost of living crisis? The cost of living crisis in the UK has been caused...

Expert predictions for a recession As with most economic predictions, there is disagreement, with some predicting that 2024 will...

Are bank wire transfers safe? Bank wire transfers are one of the safest ways of transferring money. A ‘wire...

When was the first currency created? The first uses of currency are not certain, as currency use came before...

When was ring-fencing introduced? The 2007 financial crisis sent the world economy into a complete economic disaster; the main...

What is Yield Curve Control (YCC)? Yield Curve Control is part of the monetary toolkit of Central Banks to...

What is a forward contract? A forward contract is simply an agreement between a buyer and a seller to...

What is the Federal Reserve, and how does it work? The Federal Reserve, officially the Federal Reserve System, is...

What does it take for a currency to collapse? A currency collapse occurs when the currency loses its value...

Why do the markets monitor economic performance? For those dealing with the live currency markets, such as investors, they’re...