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Is Swiss franc accepted everywhere?

As travelers and businesses engage in a globalized world, questions about the acceptance of various currencies often arise. The Swiss Franc, renowned for its...

Asia FX Remains Muted; Dollar Stabilizes Ahead of Key Events

In Asian markets on Monday, most currencies in the region maintained a narrow range, while the U.S. dollar stabilized after facing losses in the...

Dollar Stagnant as Market Awaits Fed Clues; Bitcoin Surges to 2-Year High

On Monday, the U.S. dollar remained relatively stable, influenced by lower Treasury yields, while traders awaited crucial economic data for indications regarding the timing...

Why do most nations use fiat money today?

In the intricate tapestry of global economies, fiat money stands as the linchpin that facilitates transactions, fosters economic growth, and underpins financial systems. Unlike...

What are the disadvantages of fiat money?

Fiat money, the cornerstone of modern economies, has been the dominant form of currency for centuries. Unlike commodity money backed by physical assets like...

Dollar Strengthens Amid Choppy Trading; Inflation Meets Expectations

Dollar's Resilience and Yen's Gain In a session marked by fluctuations, the dollar strengthened on Thursday, poised for its second consecutive monthly advance against the...

Mixed China PMI Dampens Asian FX, Dollar Strengthens Despite Rate Cheer

Asian Currency Weakness Amid China Economic Concerns Most Asian currencies weakened on Friday, while the dollar maintained overnight gains, as signs of ongoing economic weakness...

Should I invest in mutual funds when market is down?

In the dynamic world of investments, the decision to invest in mutual funds is often influenced by market conditions. The prospect of investing when...

Is there any currency backed by gold?

Currency, the lifeblood of global economies, has undergone various transformations throughout history. One intriguing concept that has persisted is the idea of currencies backed...

Global Central Banks Accelerate Gold Acquisitions in Dollar Diversification Strategy

Central banks worldwide are ramping up their gold purchases, signaling a strategic shift away from the US dollar amid growing geopolitical tensions. Bob Minter,...

Gold Prices Remain Steady Amid Pre-Inflation Jitters and Fed Comments

Gold prices showed little movement in Asian trading on Thursday, as traders adopted a wait-and-see approach ahead of key U.S. inflation data that is...

Dollar Strengthens Ahead of Inflation Data, Bitcoin Achieves Two-Year High

The dollar experienced a surge against the euro and yen as investors positioned themselves for impending U.S. and European inflation data scheduled for Thursday....

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