U.S. stocks continued their upward momentum on Wednesday, with major indexes reaching new highs, bolstered by strong performances from AI-related…
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Latest in currency
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Fibonacci retracements are a popular tool used by forex traders to predict potential price levels at which a currency pair…
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Bitcoin Hits New All-Time High of $109,000 Amid Trump Inauguration and Institutional Buying Surge
by Barbaraby BarbaraBitcoin (BTC) surged to a new all-time high of $109,241 on Monday, driven by a mix of factors including heightened…
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EUR/USD traded in a narrow range on Tuesday, hovering around the 1.0400 level, with the pair showing little directional movement.…
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Bank of Japan Expected to Raise Rates to Highest Level Since 2008 Amid Global Economic Shifts
by Barbaraby BarbaraBank of Japan (BOJ) Governor Kazuo Ueda is poised to raise interest rates to their highest level since 2008, as…
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Stocks finished higher on Tuesday, marking a strong continuation of last week’s gains, as investors reacted to President Donald Trump’s…
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Bitcoin has extended its retreat from a record high as traders await concrete actions from newly inaugurated President Donald Trump…
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On January 20, 2025, Donald Trump will officially begin his second term as President of the United States, ushering in…
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Stock futures saw some downward pressure on Monday evening after President Donald Trump indicated he was considering imposing tariffs on…
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Pound Faces Pressure Amid Bond Market Volatility, but Danske Bank Predicts Recovery to 1.2200
by Barbaraby BarbaraThe British Pound faced significant selling pressure against the Euro in January, driven by a surge in UK bond yields…
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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.