Swedes vs Swiss: Cash vs Payment Apps – Who Prefers What?

Key Takeaways 💸 Switzerland prefers physical cash over payment apps 🏦 Cash is the most accepted payment method for face-to-face businesses 📱 Mobile payment apps are becoming more popular, surpassing credit and debit cards 💼 Bank transfers are popular for Swiss companies dealing with clients remotely 🚫 Concerns raised about marginalized groups due to lack … Read more

Asia FX remains weak as dollar holds steady after hawkish Fed comments and strong labor data

Key Takeaways: 💼 Most Asian currencies weakened following hawkish signals from the Federal Reserve and strong U.S. labor data 📈 Dollar index and futures showed little movement in Asian trade, with mild weekly losses 🇯🇵 Japanese market holiday with muted trading volumes, yen above 150 level to the dollar 🇨🇳 Chinese yuan, South Korean won, … Read more

The Impact of the Red Sea Crisis on LKQ’s European Procurement Business

Key Takeaways: 💼 LKQ Corp facing disruptions in European operations due to Red Sea crisis 🚢 Freight costs likely to rise if crisis continues 🌍 Vessels having to divert around South Africa causing lead time and cost increases ⚔️ Houthis targeting ships in Red Sea waters, forcing freight reroutes 🚗 Americans repairing older vehicles instead … Read more

How Long Does It Take to Learn Forex?

You’re standing at the edge of the vast Forex trading world, ready to dive in. How long will it take to master? There’s no easy answer. It’s a journey, not a destination, with your pace dictated by dedication, knowledge, and time commitment. This article will guide you through the intricacies, helping you set realistic expectations … Read more

What Is Gold Trading in Forex?

What is forex gold trading? Gold forex trading refers to gaining exposure to gold through the foreign exchange (FX) markets. Rather than directly buying, selling, or speculating on gold’s price using futures, individuals can trade it as a currency pair denominated in US dollars or through gold-linked pairs. We’re dissecting the nuts and bolts of … Read more