business best practices

Keep it Simple: The Business Rewards of Employing an FX Spot and Forward Strategy

Keep it Simple: The Business Rewards of Employing an FX Spot and Forward Strategy

SMEs, the benefits of simplified FX products, such as forward and options contracts, are clear. Moreover, they are straightforward to understand and use. However, the vast majority of SMEs don’t hedge at all, an extraordinary fact given the often grim consequences for corporate profit margins. Like when Apple lost $3.73 billion due to currency fluctuations…

Gold Prices Rise in 2019 … Rocks Key Global Currencies and Vice Versa

Gold Prices Rise in 2019 … Rocks Key Global Currencies and Vice Versa

Gold prices are on the way up as more and more traders turn bearish and take money out of bullish equity and currency trade positions. 

Make no mistake, the uneasy relationship between gold prices foreign currency fluctuations is both real and potentially damaging in a global economic environment that edges closer to the precipice in the last quarter of 2019 – and heading into the new year.

Deal or No Deal? Three Things to Know About Where Brexit Stands These Days.

Deal or No Deal? Three Things to Know About Where Brexit Stands These Days.

The U.K. parliament is back in session and all eyes are on the British Lion as October 31 looms.  

That’s the date new prime minister Boris Johnson promises to take the U.K. out of the European Union, deal or no deal. 

What Countries Are Blacklisted and What Are the Consequences of Working with Them?

What Countries Are Blacklisted and What Are the Consequences of Working with Them?

There are several countries around the world with which companies are prohibited from carrying out any sort of financial transaction. The reason for these bans is that the countries are blacklisted under authority of the Financial Action Task Force (FATF), an intergovernmental body that the G7 group of nations founded in 1989.

The Best U.S. Cities for Small Companies

The Best U.S. Cities for Small Companies

According to the U.S. Small Business Administration1 there were 30.7 million small businesses operating in the U.S. in 2018, employing 59.9 million people, or 47.3% of all U.S. employees, the SBA notes.

While these small businesses are spread across every state and city in the country, some cities stand out as being more welcoming for small companies than others, especially entrepreneurial start-ups just opening their doors.

Central Bank Monkey Business: Should Central Banks Determine Exchange Rates?

Central Bank Monkey Business: Should Central Banks Determine Exchange Rates?

Foreign exchange rates are usually determined by real exchanges on the FX market. In recent years, central banks have been playing a much larger role when determining their own foreign exchange rates - But should central banks be determining exchange rates?