Currency pairs
Cross-Currency Pairs: What Changes Without the Dollar?
Not every foreign-exchange trade needs to involve the U.
The Market Ledger / Section
Foreign Exchange
The currencies, institutions and structural forces shaping international exchange rates.
6 carefully sourced educational articles
Market structure
Forex Market Sessions: Liquidity, Overlap and Trading Hours
Foreign exchange is a decentralized global market.
Currency pairs
GBP/USD Explained: Sterling, the Dollar and Policy Expectations
Sterling-dollar is sensitive to expectations for both the Bank of England and the Federal Reserve.
Market mechanics
Forex Spreads, Slippage and the Cost of Execution
The exchange rate visible on a chart is not necessarily the price available to a particular trader.
Currency pairs
USD/JPY and Bond Yields: Reading a Policy-Sensitive Pair
USD/JPY often draws attention when investors debate monetary divergence between the United States and Japan.
Currency pairs
What Moves EUR/USD? A Research Framework Beyond the Headlines
The euro–dollar rate reflects two monetary systems, not one headline. Here's how to separate evidence, timing and alternative explanations.