foxex: APR and APY: Why Your Bank Hopes You Can't Tell the Difference

Tuesday, April 16, 2019

APR and APY: Why Your Bank Hopes You Can't Tell the Difference

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APR and APY: Why Your Bank Hopes You Can't Tell the Difference

Do you know the difference between Annual Percentage Rate and Annual Percentage Yield? Check out how they can affect your own account balance.

Top Exchange Rates Pegged to the U.S. Dollar

From the end of World War II until around 1971, all countries in the IMF pegged their currencies to the U.S. dollar. Today, many still do.

Trading in the Pre- and Post-Market Sessions

Pre-market and after-hours trading may offer benefits for traders, but there are some potential problems.

Why isn't the U.S. dollar worth more than the British pound?

When one country's currency is worth more than another, it does not necessarily indicate a stronger economy. Here's why.

Get Positive Results With Negative Basis Trades

Capitalize on the difference in spreads between markets with this popular strategy.

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Learn simple and compound interest

Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. Interest can be classified as simple interest or compound interest.

Introduction to Elliott Wave Theory

Acquaint yourself with Elliott Wave Theory, the principle built on the discovery that stock markets did not behave in a chaotic manner.

Forex Tutorial: Foreign Exchange Risk and Benefits

In this section, we'll take a look at some of the benefits and risks associated with the forex market. We'll also discuss how it differs from the equity market in order to get a greater understanding of how the forex market works. The Good and the Bad We already have mentioned that factors such as the size, volatility and global structure of the foreign exchange market have all contributed to its rapid success.