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Why is dollar so powerful?

The US dollar, often referred to simply as the dollar, holds a position of unparalleled influence and dominance in the global economy. From international...

How does cryptocurrency turn into real money?

Cryptocurrency has gained significant traction as a digital asset class, offering individuals a decentralized and secure means of transacting, investing, and storing value. While...

Which country has least forex reserves?

Forex reserves play a critical role in ensuring the stability and resilience of a country's economy by providing a buffer against external shocks, supporting...

What is the weakest currency in forex?

In the vast and dynamic world of foreign exchange (forex) trading, currencies fluctuate in value relative to one another, presenting opportunities for investors and...

Asian Currencies Decline as Dollar Hits Over 1-Week High Amid Concerns Over Inflation

On Friday, most Asian currencies experienced a downturn, with the dollar reaching its highest level in over a week, propelled by hotter-than-anticipated U.S. inflation...

Dollar Strengthens Ahead of PPI Release; Euro Awaits ECB Clues

In European trading, the U.S. dollar saw a modest uptick, maintaining its recent robustness as investors awaited further indications on U.S. interest rate movements...

Oil Prices Set to Conclude Week with Nearly 4% Gain

Oil prices experienced a slight decline on Friday but remained poised to register an increase of nearly 4% for the week. This surge was...

EOS Records 10% Decline Amid Bearish Trading

EOS experienced a significant decline in bearish trade, with its value dropping by 10.16% to $1.0553 on the Index by 23:28 (03:28 GMT) on...

Australia Stocks Close Lower as Gold, Materials, and Metals & Mining Sectors Decline

Australia's stock market saw a downturn at the close of trading on Friday, with losses primarily driven by the Gold, Materials, and Metals &...

Japan Stocks Close Lower as Paper & Pulp, Shipbuilding Sectors Lead Decline

Japan's stock market witnessed a decline at the close of trading on Friday, with losses primarily driven by sectors such as Paper & Pulp,...

Is money safe in cryptocurrency?

Cryptocurrency has emerged as a disruptive force in the global financial landscape, offering individuals an alternative means of transacting, investing, and storing value outside...

Which country has most forex?

Foreign exchange reserves, commonly known as forex reserves, serve as a cornerstone of economic stability and financial resilience for countries around the world. These...

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