Tag: currency
What does a high cds spread mean?
Jennifer -
In the intricate world of foreign exchange (forex) trading, understanding Credit Default Swap (CDS) spreads is essential for assessing market sentiment and risk perceptions....
Egyptian Pound Stabilizes Following Devaluation and IMF Deal
Jennifer -
Egypt's currency steadied just under 49.5 to the dollar after the central bank's announcement of a shift to a more flexible exchange rate. This...
EOS Records Impressive 19% Surge in Bullish Trade
Jennifer -
EOS exhibited a remarkable surge in bullish trade on the Index, reaching $1.2839 by 21:29 (02:29 GMT) on Friday, marking an impressive 18.70% gain...
Dollar Edges Down Amid Weaker U.S. Services Growth
Jennifer -
The dollar slipped against a basket of currencies following data indicating a slowdown in U.S. services industry growth and ahead of a week filled...
Bitcoin Experiences Correction After Reaching All-Time High
Jennifer -
Bitcoin faced a correction after achieving an all-time high, with the popular cryptocurrency falling 8% to $61,682 after reaching a peak of $68,874 earlier...
Bitcoin’s Rollercoaster Ride: From Record High to Substantial Losses
Jennifer -
Bitcoin embarked on a remarkable journey, hitting an all-time high of $69,202 before taking a sharp downturn. The surge was fueled by increased investment...
What does a large spread indicate?
Jennifer -
In the complex and dynamic world of forex trading, a critical factor that traders must grapple with is the spread. The spread, representing the...
What does game spread mean?
Jennifer -
In the realm of forex trading, the concept of "game spread" is a crucial component that shapes the dynamics of trading strategies and influences...
What does taking the spread mean?
Jennifer -
In the dynamic world of forex trading, participants often encounter terms and concepts that may seem complex at first glance. One such term that...
Dollar Holds Steady Against Yuan Amid China’s Policy Statements
Jennifer -
The dollar maintained its stability against the yuan on Tuesday, reacting to policy statements from China that lacked significant stimulus measures. Meanwhile, Tokyo's inflation...
Canadian Dollar Weakened Against USD as Bank of Canada’s Dovish Tone Looms
Jennifer -
In today's trading, the Canadian Dollar experienced a decline compared to its U.S. counterpart, influenced by a drop in oil prices and lingering uncertainty...
Asia FX Muted as China’s Economic Goals Underwhelm
Jennifer -
Most Asian currencies remained largely unchanged on Tuesday as China's economic objectives for 2024 failed to ignite market activity, while the dollar stabilized ahead...