Currency

Yield

Currencies are oftentimes referred to as either high yield or low yield. High-yield currencies offer more attractive interest rates compared to low-yield currencies. When investors are optimistic, they generally like to buy high-yielding currencies and fund those purchases by selling low-yielding ones, creating what is called a carry trade …

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Quotes

Since there is no formalized exchange in the forex market, brokers may have different buy and sell prices (known as quotes) at any point in time. The buy price is also known as the ask price and the sell price is called the bid. When shopping for a forex broker …

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WHEN VETERAN DIPLOMAT

John Negroponte became U.S. ambassador to Iraq following Bremer’s disastrous year, Rob Richer said he pulled his punches rather than frankly convey the peril of Iraq’s situation. “Negroponte didn’t call it like it is. He wants to be secretary of state.” He tried at times to …

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We're All Born Weird

Growing up as the only child without many friends, I didn’t get much social training. I often asked myself “Why am I so weird?”. Everyone starts out strange. As children, we’re all just tiny, little weirdos testing the limits of what is normal, acceptable behavior and what makes …

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