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Cuba Accuses Online News Site of Colluding with US to Destabilize Economy

Tensions escalate between Cuba's government and independent news outlet El Toque as accusations fly regarding the manipulation of currency exchange rates to undermine the...

What supports the value of the US dollar?

The US dollar stands as one of the world's most influential currencies, serving as the primary reserve currency and a benchmark for global trade...

Is fiat money backed by gold or silver?

Money serves as a medium of exchange, unit of account, and store of value in modern economies, facilitating transactions and economic activity. Fiat money,...

Dollar Softens on Softening Labor Data, Pound Recovers Post-BoE Announcement

The dollar weakened against most currencies following the release of economic data indicating further softness in the U.S. labor market. Concurrently, the pound rebounded...

UBS Analyzes Historical Trends to Forecast USD/JPY Movement

Despite last week's official intervention, the Japanese yen struggles to sustain gains against the U.S. dollar, prompting UBS to anticipate a potential medium-term decline...

Asian Currencies Hold Steady as Focus Shifts to US Inflation; Yuan Weakens on Tariff Fears

Most Asian currencies remained relatively stable on Friday, with the dollar showing signs of stabilization following overnight declines. Attention turned towards key U.S. inflation...

Gold Prices Rise, Head for Weekly Gains Amid Weak US Labor Data

Gold prices surged in Asian trade, with spot gold rising by 0.3% to $2,354.06 an ounce and gold futures for June delivery jumping by...

Bitcoin Price Holds Steady at $62k Amid Dollar Weakness

On Friday, the price of Bitcoin remained unchanged as traders continued to exhibit caution towards crypto markets, despite a decline in the U.S. dollar...

What time is sydney session forex?

In the world of forex trading, understanding the different trading sessions and their respective timings is crucial for devising effective trading strategies and maximizing...

What is digital currency based on?

Digital currency has emerged as a transformative force in the world of finance, offering innovative solutions to traditional monetary systems and revolutionizing the way...

What is the digital currency to replace the dollar?

In recent years, the concept of digital currencies has gained significant traction as advancements in technology and changing consumer preferences have reshaped the global...

Dollar Strengthens on Rate Outlook, Yen Continues Decline for Third Consecutive Day

The dollar experienced gains as investors maintained confidence in the outperformance of the U.S. economy, leading to its third consecutive day of strength against...

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