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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...

What is the world’s largest reserve currency?

In the global financial landscape, reserve currencies play a pivotal role as widely accepted mediums of exchange, stores of value, and units of account....

What country has the least stable currency?

Currency stability is a critical factor in assessing a country's economic health and attractiveness to investors. A stable currency fosters confidence in the economy,...

Study Shows Countries Embracing Digital Currencies, but U.S. Falls Behind

A recent study conducted by the U.S.-based Atlantic Council think tank has revealed that 134 countries, accounting for 98% of the global economy, are...

Why are forex spreads so high?

Forex spreads play a crucial role in the foreign exchange market, serving as the primary source of revenue for forex brokers and impacting trading...

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