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What is Switzerland valid currency?

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%

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

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?

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

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

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?

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

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?

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?

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?

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?

Gold has held a special place in human history for centuries, revered for its intrinsic value, beauty, and status as a store of wealth....

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