Tag: currency
Global Stocks Rally Following Fed’s Jumbo Rate Cut
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Global stock markets experienced a significant rally on Thursday, buoyed by investor optimism that the Federal Reserve’s half-point rate cut will help facilitate a...
GBP/JPY Hits Resistance Level – Forecast for September 18, 2024
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The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...
EUR/JPY Maintains Negative Outlook – Forecast for September 18, 2024
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The EUR/JPY currency pair has exhibited mixed trading recently, but its inability to gain momentum while remaining below the 158.00 barrier suggests a continuation...
CAD/JPY Holds Above Key Support – Forecast for September 18, 2024
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The CAD/JPY currency pair has demonstrated resilience against negative pressures, closing positively above the crucial support level of 102.80. The price has rallied past...
How Many Lots Is 1000 in Forex?
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When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...
Which Crypto is Trending Now?
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The world of cryptocurrencies is fast-paced and ever-evolving, with new digital assets frequently making headlines due to their technological innovations, market performance, and investor...
What is the Best Cryptocurrency to Invest in Right Now?
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Cryptocurrency investment continues to be one of the most popular and controversial financial topics of the modern era. Since the inception of Bitcoin in...
What is the Most Effective Currency?
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The concept of an "effective currency" encompasses a wide range of factors, including economic stability, global influence, liquidity, and utility in international trade. Currencies...
What Does Size Mean in Forex?
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In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...
Stocks Surge and Gold Hits Record Highs Amid Expectations of Steeper Fed Rate Cuts
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New York, Sept 14 — U.S. stocks rallied and gold prices soared to new record highs on Friday, fueled by heightened speculation that the...
What is a 0.10 Lot Size in Forex?
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When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...
GBP/USD Forecast Update – September 13, 2024
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The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...