Tag: currency
Why is Swiss franc getting strong?
Jennifer -
The Swiss franc, often referred to as the "Swissie," has long been recognized as one of the world's strongest and most stable currencies. In...
Asian Currencies Steady as Dollar Gains Ahead of Fed; Yen Hits 4-Month Lows
Jennifer -
Asian currencies showed little movement on Wednesday as investors exercised caution ahead of signals on interest rate cuts from the Federal Reserve, with the...
Yen Declines Near 4-Month Low as Focus Shifts to Fed
Jennifer -
The yen remained close to a four-month low against the U.S. dollar and a 16-year low against the euro on Wednesday, reflecting expectations that...
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 a standard lot in forex?
Jennifer -
In the vast landscape of forex trading, understanding the concept of lot sizes is fundamental for traders aiming to navigate the markets effectively. Among...