In the vast world of trading, there are numerous strategies one can adopt. Among them, scalping trading has gained a…
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Latest in currency
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In the world of forex trading, swap charges are an important concept that every trader should be familiar with. When…
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CFDs, or Contracts for Difference, have become increasingly popular among traders in recent years. They offer the opportunity to speculate…
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Contracts for Difference (CFDs) have carved a significant niche in the world of trading. They provide traders with a unique…
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Silver prices (XAG/USD) surged to a three-month high of $34.35 in early European trading Monday, fueled by escalating U.S. tariff…
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In the early European session on Monday, the USD/CHF currency pair continued its downward trend, slipping below the key 0.8800…
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In the dynamic realm of foreign exchange markets, the Japanese yen (JPY) has witnessed a notable shift in its trajectory.…
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Japanese Yen Surges to Multi-Week High Against USD Following Trump’s Tariff Announcement
by Cecilyby CecilyIn the wake of President Trump’s recent tariff announcements, the Japanese yen has experienced a significant upswing, soaring to a…
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US Imposes Sweeping 26% Tariff on Indian Goods, Sending USD/INR to Multi-Month Highs
by Cecilyby CecilyThe Trump administration’s abrupt imposition of a 26% tariff on Indian exports sent shockwaves through financial markets on Thursday, driving…
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AUD/USD Trapped Below 0.6300 as Risk-Off Sentiment Overshadows China’s Strong PMI
by Cecilyby CecilyThe Australian dollar remained under pressure on Thursday, with AUD/USD hovering below the critical 0.6300 level despite China’s official Manufacturing…
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Currency refers to a medium of exchange that is widely accepted within a specific country or region for transactions of goods, services, and financial assets. It is a form of money that serves as a unit of account, store of value, and a medium for exchange. Currencies are typically issued and regulated by central banks or monetary authorities of respective countries. They come in various forms, including coins and banknotes, and are represented by unique symbols, abbreviations, and codes. Examples of currencies include the United States Dollar (USD), Euro (EUR), Japanese Yen (JPY), and British Pound (GBP), among others.