In a widely anticipated move, the Bank of Canada (BoC) executed a 25 – basis – point rate cut on…
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Latest in currency
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In the foreign exchange market on March 13, 2025, the US dollar (USD) has managed to regain some lost ground,…
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According to Shaun Osborne, the Chief FX Strategist at Scotiabank, the Pound Sterling (GBP) is currently following the broader trends…
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Crypto day trading involves buying and selling cryptocurrencies within the same day to profit from short-term price fluctuations. This exciting…
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Contracts for Difference (CFDs) allow traders to speculate on price movements without owning the underlying asset. With CFDs, traders can…
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The dollar made a modest rebound on Thursday, supported by a rise in U.S. Treasury yields, as global trade uncertainties…
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Taiwan’s central bank is bracing for further currency volatility as foreign stock market outflows accelerate and global trade tensions escalate,…
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Hedge funds are known for their ability to generate high returns by using advanced investment strategies. Unlike traditional funds that…
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In the early Asian trading session on Friday, the NZD/USD currency pair demonstrated an upward trend, hovering around the 0.5700…
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On Thursday during North American trading hours, the AUD/USD currency pair experienced a significant decline, dropping to nearly 0.6280. This…
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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.