Markets

Transaction Net: Enabling Markets Online

Transaction Net: Enabling Markets Online


Transaction Net
Enabling Markets Online

Markets are sticky. They are inefficient and prices are slow to adjust. More trade would happen if markets were more efficient. What would cause the markets to be more efficient? Better information. What’s the web good for? Access

Read More

Markets & Finance News | Reuters.com

FOREX-Dollar posts biggest weekly fall since 2009

The dollar posted its biggest
weekly decline in more than a decade on Friday, as trillions of
dollars worth of stimulus efforts by governments and central
banks helped temper a rout in global markets driven by the
coronavirus pandemic.
The dollar surged in March as tumbling stock and debt
markets caused a scramble for the world’s most liquid currency.
But big government spending pledges and coordinated efforts
by central banks around the world to increase the supply of
dollars have supported a rally in other major currencies.
The U.S. House of Representatives on Friday approved a $2.2
trillion aid package – the largest in American history – to help
people and businesses cope with the economic downturn inflicted
by the coronavirus outbreak.
The dollar dipped 0.87% against a basket of currencies
Friday to 98.41. It fell 3.90% this week – its biggest
weekly

Read More