In an increasingly globalized financial market, investors are no longer limited to stocks in their home countries. Buying stocks from…
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Latest in currency
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The UOB Group’s FX analysts, Quek Ser Leang and Lee Sue Ann, have offered their insights on the likely trajectory…
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The Pound Sterling (GBP) has shown strength against several of its major counterparts, excluding Asia-Pacific currencies, at the start of…
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The Pound Sterling (GBP) against the US Dollar (USD) has witnessed notable developments, according to the UOB Group’s FX analysts…
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In December, the mood among Eurozone investors took a downward turn as reflected by the Sentix Investor Confidence Index. The…
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The Iraqi dinar has been an object of interest and speculation for many investors over the years. However, selling Iraqi…
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The Iraqi dinar has been an area of interest for some investors and currency collectors due to various historical and…
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The NZD/USD currency pair has come under pressure during the Asian session on Friday. It has encountered fresh selling, eroding…
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The Canadian Dollar took a significant hit on Friday, tumbling by nearly nine-tenths of a percent and sliding back towards…
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In the currency market, the NZD/JPY pair faced a downward spiral on Friday, dropping to 87.48 and thereby prolonging its…
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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.