Hedge funds are investment vehicles that use a variety of strategies to generate high returns for their investors. One of…
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Latest in currency
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In the world of forex trading, understanding long-term trends is key to making informed investment decisions. Long-term trends are the…
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The NZD/USD pair is trading stronger, reaching around 0.5680 during the early Asian session on Friday. The US Dollar (USD)…
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Investing in shares is one of the most common ways to build wealth over time. If you are interested in…
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Divergence is a concept that plays a crucial role in technical analysis within the forex market. It refers to a…
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Forex trading is a highly liquid and volatile market where traders aim to profit from currency price fluctuations. However, the…
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The Indian Rupee (INR) weakened on Thursday, as renewed demand for the U.S. Dollar (USD) put downward pressure on the…
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Silver (XAG/USD) saw a slight uptick during Thursday’s Asian trading session, reaching $32.25. The metal’s gains were largely driven by…
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Bitcoin and Crypto Market Recover as Trump’s Diplomatic Efforts Boost Sentiment
by Barbaraby BarbaraBitcoin (BTC) and the broader cryptocurrency market saw modest gains on Wednesday, following news of U.S. President Donald Trump’s diplomatic…
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GBP/JPY Surges Over 230 Pips as U.S. Inflation Fuels Dollar Strength, BoJ Policy Uncertainty Adds Pressure
by Barbaraby BarbaraThe GBP/JPY surged sharply on Wednesday, posting gains of more than 1.22% or over 230 pips, driven by a hotter-than-expected…
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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.