Tag: currencies
Oil Prices Dip from Multi-Month Highs as Strong Dollar Dampens Demand
Jennifer -
Global oil prices retreated slightly on Wednesday, driven by a stronger dollar and profit-taking following recent multi-month highs. The market remains cautious amid ongoing...
What is a micro lot in forex?
Jennifer -
In the vast and dynamic world of forex trading, understanding the concept of lot sizes is crucial for traders of all levels. While standard...
What is spread in forex broker?
Jennifer -
In the realm of forex trading, understanding the spread is essential for both novice and seasoned traders alike. The spread is a fundamental concept...
Is cryptocurrency better than real money?
Jennifer -
The rise of cryptocurrency has sparked a contentious debate about its superiority over traditional fiat currency, commonly referred to as "real money." Advocates of...
Why is Bitcoin not considered money?
Jennifer -
In recent years, Bitcoin has emerged as a revolutionary digital asset, captivating the attention of investors, technologists, and policymakers worldwide. Despite its growing popularity...
Is there any currency backed by gold?
Jennifer -
In the realm of global finance, the concept of currency backed by gold has long captured the imagination of economists, policymakers, and investors. Historically,...
Why does Switzerland have a strong currency?
Jennifer -
Switzerland, known for its stunning landscapes, precision engineering, and renowned chocolate, also boasts one of the world's strongest currencies. The Swiss currency, the Swiss...
Dollar Gains, Yen Steadies Ahead of Central Bank Meetings
Jennifer -
The dollar saw a modest increase in value ahead of several central bank meetings scheduled for the week, including potentially significant policy shifts by...
Asia FX Weakens Ahead of Fed Meeting; USDJPY Rises After BOJ Rate Hike
Jennifer -
In Asian trading on Tuesday, most Asian currencies experienced declines as traders maintained caution ahead of a Federal Reserve meeting scheduled for later in...
What is raw spread in forex?
Jennifer -
In the world of forex trading, understanding the intricacies of pricing is essential for success. Among the various terms and concepts, "raw spread" stands...
What is the fastest way to turn crypto into cash?
Jennifer -
As the popularity of cryptocurrencies continues to surge, many investors and traders find themselves exploring ways to convert their digital assets into cash quickly...
Why do people use Paxful?
Jennifer -
In recent years, the world of cryptocurrency trading has witnessed remarkable growth and innovation, with numerous platforms emerging to facilitate the buying, selling, and...