How Cross Rates Are Calculated From Two Dollar Pairs
A cross rate is the price of two currencies derived from their US dollar prices. Formulas and worked examples for EUR/JPY and EUR/GBP, and why spreads widen.
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How to Choose Currency Pairs That Fit Your Schedule
List your free hours, match them to sessions, pick pairs active then, check spreads and volatility, and test first: choosing currency pairs for your schedule.
How Central Bank Decisions Move Currencies
Central bank decisions move currencies through surprises in rates, guidance and tools. Examples from the Bank of Japan, the Swiss National Bank and the Fed.
Carry Trade Mistakes That Hurt in a Risk-Off Move
Five carry trade risks, stress-tested on one position: central bank turns, risk-off weeks, crowded exits, slow grinds and doubled leverage in action.
What Is the Carry Trade?
The carry trade borrows in a low-interest currency to invest in a higher-yielding one, earning the gap. How it works, why it pays when calm and how it unwinds.
Black Wednesday: How the Pound Was Forced Out of the ERM
On September 16, 1992, the UK raised rates from 10% toward 15% in a day but still had to pull sterling out of the ERM. What happened and why the peg failed.
What Caused the 1997 Asian Financial Crisis?
On July 2, 1997, Thailand stopped defending the baht's peg. The crisis spread to Indonesia and South Korea, needing record IMF packages. Causes and lessons.