On Wednesday, April 9, the US dollar found itself on the back foot against its major currency counterparts. The primary…
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UOB Group’s FX analysts, Quek Ser Leang and Peter Chia, have shared their insights on the GBP/USD currency pair. According…
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UOB Group’s FX analysts, Quek Ser Leang and Peter Chia, have provided their take on the EUR/USD currency pair, suggesting…
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On Wednesday, Klaas Knot, a policymaker at the European Central Bank (ECB), made significant remarks regarding the long – term…
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In the early European session on Wednesday, the USD/CHF currency pair continued its downward spiral, trading in negative territory for…
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Interactive Brokers is a well – known name in the world of online trading. If you’re asking yourself, “Can I…
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In recent years, the world of cryptocurrency has seen a significant surge in popularity. With it, various trading strategies have…
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In the exciting world of financial markets, two popular short – term trading strategies stand out: scalping and day trading.…
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In the world of forex trading, you may often come across the term “CFD.” But what exactly does it mean?…
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Scalp trading is a short – term trading strategy where traders aim to profit from small price movements. They enter…
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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.