Tag: currency
Why is gold falling?
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Gold has long been considered a safe haven asset, a store of value that investors turn to in times of economic uncertainty and market...
Why Should You Invest in Altcoins?
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The cryptocurrency market has evolved significantly since the introduction of Bitcoin in 2009. Today, Bitcoin remains the most well-known and widely adopted cryptocurrency, but...
What is Meant by Spread in Forex Trading?
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Forex trading, or foreign exchange trading, involves the buying and selling of currencies on a global market. One of the key concepts that traders...
Which Currency is Mostly Used in the World?
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The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...
GBPCHF Correctional Bearish Trend Persists – Forecast for June 14, 2024
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GBPCHF Price Analysis Amidst the prevailing market conditions, the GBPCHF price has succumbed to the resistance barrier at 1.7590 following a recent bullish rally. This...
CHFJPY Shows Renewed Positive Momentum – Forecast for Today, June 13, 2024
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CHFJPY Price Analysis Expected Scenario The CHFJPY price has once again settled above the 175.25 level, serving as additional support for bullish trades. Currently, the pair...
Bitcoin Price Remains Steady at $67k Amid Rate Cut Indications and Softer Inflation
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Bitcoin's price exhibited minimal movement on Thursday following a volatile session, as the Federal Reserve's projection of sustained high interest rates overshadowed indications of...
Indonesia Stocks Close Higher: IDX Composite Index Up 0.31%
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Jakarta, Indonesia - Following Thursday's trading session, Indonesia's stock market witnessed an upward trend, with gains primarily driven by the Financials, Agriculture, and Basic...
How Much Does Gold Sell For Over Spot?
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In the financial world, few commodities command as much attention and fascination as gold. Investors, collectors, and enthusiasts alike are captivated by its value,...
USDCHF Price Forecast for June 12, 2024
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Expected Scenario: The USDCHF price has been oscillating around the EMA50, with a narrow trading range dominating recent market activity. As such, we maintain...
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
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Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Taiwan Stocks Lower at Close of Trade; Taiwan Weighted Down 0.30%
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Taiwan stocks ended lower on Wednesday, with the Taiwan Weighted index declining by 0.30%, influenced by losses in the Transport and Optoelectronic sectors. Top Performers Despite...