Tag: currencies
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
Jennifer -
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
Oil Prices Set for Third Consecutive Weekly Gain Amid Rising Winter Fuel Demand
Jennifer -
Oil prices rose in early Asian trade on Friday, poised for a third consecutive week of gains, driven by increasing fuel demand due to...
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Jennifer -
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...
Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
Jennifer -
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking a significant decline for the fourth consecutive...
“Bitcoin as Future Currency” – US Space Company Buys $21 Million Worth
Jennifer -
KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made a significant move by purchasing $21 million...
Central Banks and Sovereign Funds Increase Crypto Reserves
Jennifer -
The rapid rise in the valuation of digital currencies has caught the attention of sovereign investors and central banks, prompting a significant shift in...
Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution
Jennifer -
Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await key signals regarding the U.S. economy and...
Indonesia Stocks End Lower; IDX Composite Index Down 0.52%
Jennifer -
Indonesia's stock market closed lower on Friday, with the IDX Composite Index falling by 0.52%, driven by losses in the Infrastructure, Agriculture, and Basic...
Bearish Bets on Asian Currencies Rise Amid US Tariff Concerns
Jennifer -
Bearish sentiment surrounding Asian currencies has intensified, with short positions on the South Korean won and the Indian rupee reaching their highest levels in...
What is the Ideal Spread in Forex?
Jennifer -
In the world of forex trading, one of the key factors that traders must consider when entering the market is the spread. The spread...
What is a Lot Size in Forex?
Jennifer -
Lot size in forex trading refers to the amount of currency being traded in a transaction. Understanding lot size is crucial for traders as...
Turkish Stock Exchange Flat at Open: BIST 100 Slightly Up
Jennifer -
The Turkish stock market opened flat on Thursday, with the BIST 100 index registering a very modest increase. The index stood at 9,640.57 points,...