Tag: currency
Why do spreads widen in forex?
Jennifer -
In the fast-paced world of forex trading, spread widening is a common occurrence that can impact trading costs and profitability. Understanding why spreads widen...
What is ask in forex?
Jennifer -
In the vast and intricate landscape of forex trading, understanding the ask price is paramount for traders aiming to make informed decisions and execute...
How does spread affect profit in forex?
Jennifer -
In the dynamic world of forex trading, understanding the spread is crucial for traders looking to maximize profits and minimize costs. The spread, which...
Is the dollar in danger of collapse?
Jennifer -
Throughout history, there have been instances of currency collapses that have had significant economic and social repercussions. Examples include the German hyperinflation of the...
What is the best session to trade forex?
Jennifer -
The foreign exchange (forex) market is a global marketplace where currencies are traded 24 hours a day, five days a week. With its decentralized...
Steady Dollar Keeps Yen Near Crucial 152 Mark
Jennifer -
The dollar remained firm near a four-month pinnacle on Wednesday, maintaining pressure on the yen close to multi-decade lows, even as the looming prospect...
Asian Currencies Stagnate, Dollar Eases from 4-½ Month Peak Amid Rate Uncertainty
Jennifer -
Most Asian currencies saw little movement on Wednesday, with the dollar retracing slightly from its over four-month high as markets continued to grapple with...
Ether Faces Challenges Amidst Fate of Spot ETF Proposals
Jennifer -
Ether, the second-largest cryptocurrency, is struggling to match the soaring performance of its big brother, Bitcoin. Despite its position in the $2.7 trillion crypto market,...
Bitcoin Price Holds Steady Around $66k Amid Dollar Strength
Jennifer -
On Wednesday, the price of Bitcoin experienced a slight decline, primarily influenced by the strength of the U.S. dollar as investors grew increasingly uncertain...
Australia’s S&P/ASX 200 Index Slides 1.34% as Key Sectors Face Losses
Jennifer -
Australia's stock market experienced a downturn on Wednesday, with losses in the IT, A-REITs, and Consumer Discretionary sectors driving shares lower. At the close of...
Japan’s Nikkei 225 Index Slips 0.98% as Key Sectors Weigh Down Stocks
Jennifer -
On Wednesday, Japan's stock market experienced a downturn as losses in key sectors, including Shipbuilding, Chemical, Petroleum & Plastic, and Financial Services, exerted downward...
How often does gold spot price change?
Jennifer -
The gold spot price, like many other financial assets, experiences constant fluctuations throughout market hours. Unlike stocks or bonds, which have set trading hours,...