Yearly Archives: 2024

What is the spread in forex for beginners?

For beginners venturing into the world of forex trading, comprehending the concept of spreads is paramount. In forex trading, a spread refers to the...

What is an example of a spread in forex?

In the realm of forex trading, understanding spreads is fundamental. A forex spread refers to the difference between the bid and ask price of...

What is a 40 act mutual fund?

The Investment Company Act of 1940, commonly referred to as the '40 Act, serves as the cornerstone of regulation for the investment company industry...

What is a segregated mutual fund?

Segregated funds, often referred to as seg funds, represent a unique investment option that combines the features of mutual funds with the protection of...

Asian Currencies Stagnant as Dollar Holds Strong Amid Powell’s Rate Comments

Asian currencies remained largely subdued on Wednesday, maintaining narrow trading ranges, while the dollar steadied near five-month highs following robust U.S. economic data and...

Indonesia Faces Policy Dilemma Amid Plummeting Rupiah

Indonesia's economic outlook, previously pointing towards potential monetary easing, has encountered complications due to a sharp decline in its currency, the rupiah. This unexpected...

Dollar Retreats but Remains Near 5-1/2 Month High Amid Fed and Middle East Concerns

The dollar experienced a slight retreat on Wednesday but remained close to its 5-1/2 month high, exerting pressure on the yen, which hovered near...

Gold Prices Dip Below $2,400 as Rate Cut Expectations Diminish

Gold prices experienced a slight decline in Asian trade on Wednesday, influenced by hawkish-leaning comments from top Federal Reserve officials, which bolstered the dollar...

Bitcoin Price Rises to $64k Amid Dollar Pressure and Rate Fears

Bitcoin's price saw a marginal rise on Wednesday, maintaining its position within a trading range established over the past month. This stability comes amidst...

HashKey Global Announces Merlin Chain (MERL) Token Listing with 200,000 MERL Prize Pool Campaign

HashKey Global, a leading global digital asset exchange under HashKey Group, has revealed the listing of Merlin Chain (MERL) Token. In conjunction with the...

Nikkei 225 Slides 1.22% as Japan Stocks Retreat

Japan stocks concluded lower on Wednesday, with losses across sectors like Shipbuilding, Chemical, Petroleum & Plastic, and Insurance dragging down shares. At the Tokyo close,...

Market Stability Amidst Fed Disappointment

Global markets exhibited stability on Wednesday, albeit with a cautious undertone, following indications that U.S. interest rates might remain elevated for a prolonged period....

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