The U.S. dollar surged against most major currencies on the back of President Donald Trump’s announcement that he would impose…
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Latest in currency
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The Central Bank of Iraq (CBI) recorded a surge in U.S. dollar sales, surpassing $290 million in its latest currency…
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Hedge funds are known for their ability to navigate financial markets with complex strategies and advanced risk management techniques. Many…
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Scalping is one of the fastest-paced trading strategies in financial markets. Traders using this approach aim to make small but…
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The Dow Jones Industrial Average (DJIA) suffered a significant decline on Friday, fueled by disappointing Nonfarm Payrolls (NFP) figures and…
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February 7, 2025 – Amazon’s ambitious bet on artificial intelligence (AI) has encountered growing skepticism after a mixed earnings report…
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Scalping in forex is a popular trading strategy that focuses on making small, quick profits from frequent trades. It involves…
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Mexican Peso Depreciates Against US Dollar After Inflation Data and Banxico Rate Cut
by Barbaraby BarbaraThe Mexican Peso (MXN) reversed its earlier gains and depreciated against the US Dollar (USD) on Friday following inflation data…
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Scalping is a trading strategy that involves making multiple trades throughout the day to capture small price movements. It requires…
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USD/CAD Drops Near 1.4300 Amid Strong Canadian Jobs Data and Weak U.S. Employment Report
by Barbaraby BarbaraThe USD/CAD currency pair experienced a decline, falling to around 1.4300 during North American trading on Friday, following the release…
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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.