Tag: dollar
What is Switzerland valid currency?
Jennifer -
Switzerland, renowned for its stunning landscapes, precision watches, and a robust banking system, boasts a unique and resilient currency – the Swiss Franc. In...
Australia Stocks Marginally Higher; S&P/ASX 200 Up 0.07%
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Australia's stock market closed slightly higher on Friday, with gains observed in the IT, Healthcare, and Telecoms Services sectors. At the close in Sydney, the...
Japanese Stocks Hit 34-Year Highs; China Remains Nervous Ahead of New Year Break
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On Friday, Japanese shares soared to 34-year highs, contributing to the global market's anticipation of a third consecutive week of gains. Meanwhile, in China,...
What does 1.00 lot size mean?
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In the dynamic realm of forex trading, lot size serves as a fundamental concept that plays a crucial role in determining position sizes and...
Oil Prices Rise Amid Middle East Unrest and Ceasefire Rejection, China Weakness Limits Gains
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Oil prices experienced a slight increase on Thursday following the rejection of a ceasefire deal between Israel and Hamas, signaling continued unrest in the...
Oil Prices Rise on Stalled Gaza Peace Talks, Weaker Dollar
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Oil prices continued to climb on Thursday, propelled by Israel's rejection of a ceasefire offer from Hamas and a softer dollar, which provided support...
Is the Swiss franc stronger than the U.S. dollar?
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In the intricate world of international finance, currency strength plays a pivotal role in shaping economic dynamics and influencing global trade. Two currencies that...
Gold Prices Hold Steady Amid Lingering Rate Cut Concerns
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Gold prices exhibited minimal movement on Wednesday, finding some respite as the dollar eased from its recent three-month highs. However, uncertainty looms over the...
How does a half point spread work?
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In the dynamic world of forex trading, where currencies are bought and sold on a global scale, understanding the intricacies of spread is crucial....
How does covering the spread work?
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The foreign exchange market, commonly known as forex, is the largest and most liquid financial market globally, where currencies are bought and sold. The...
Is spot gold a commodity?
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Gold, a precious metal with a rich history spanning centuries, has played a multifaceted role in human societies – from a symbol of wealth...
Why is it called spot gold?
Jennifer -
Gold has held a special place in human history for centuries, revered for its intrinsic value, beauty, and status as a store of wealth....