In the world of Forex trading, scalping is a popular strategy employed by many traders looking to capitalize on small…
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Latest in currency
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The USD/CHF currency pair is nearing a crucial juncture, once again testing the 50-day moving average (DMA), this time from…
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Dollar Holds Near Two-Month Lows, Aussie Near 2-Month High Ahead of RBA Rate Decision
by Barbaraby BarbaraThe U.S. dollar hovered near two-month lows on Tuesday, as traders evaluated ongoing tariff concerns and the prospect of future…
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Last week’s close of EUR/USD, GBP/USD, and AUD/USD above key resistance levels has solidified the confirmation of medium-term bullish trend…
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Indonesia Mandates Exporters to Retain FX Earnings Locally to Boost Reserves and Stabilize Rupiah
by Barbaraby BarbaraIndonesia is advancing its efforts to stabilize its currency and bolster its central bank reserves with a new regulation requiring…
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Scalping is one of the fastest and most intense trading strategies in the financial markets. Traders using this approach aim…
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Asian Stocks Range-Bound Ahead of RBA Decision, Tech Stocks in Hong Kong Extend Gains
by Barbaraby BarbaraAsian stocks traded within a narrow range on Tuesday as markets awaited the Reserve Bank of Australia’s (RBA) policy decision,…
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Central Banks Increasingly Use Dollar Forwards to Defend Currencies, Raising Long-Term Risks
by Barbaraby BarbaraCentral banks across Asia, including the Reserve Bank of India (RBI) and Bank Indonesia (BI), are increasingly relying on currency…
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The EUR/USD, GBP/USD, and EUR/JPY continue their upward momentum, fueled by dovish remarks from Federal Reserve Chair Jerome Powell. EUR/USD…
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The USD/INR pair traded higher at around 86.70 during the Asian trading session on Friday, supported by increased demand for…
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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.