Investing trading and speculating differ; in both approach taken to the market and how long a position gets held each strategy has fundamental differences.
Anyone interested in money will have an interest in these developments. The LIBOR rate, the London Interbank Offered Rate or overnight interest rate ‘estimated’ by leading London banks is under new control. LIBOR affects our lives in many ways This key benchmark borrowing rate forms the cost base for many loan transactions around the world. […]