Tag: foreign exchange
Libya’s Economy Under Strain as Foreign Currency Sales Skyrocket Amid Falling Oil Revenues
Jennifer -
TRIPOLI – Libya’s foreign currency sales have surged dramatically, far outpacing the country’s declining oil revenues, raising concerns over financial stability and foreign exchange...
Indonesia Takes Action to Stabilize Currency and Market After Decline
Jennifer -
Indonesia's financial authorities have implemented a series of measures aimed at stabilizing the financial markets following a sharp fall in the country's stock market...
India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
Jennifer -
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as of January 31, according to a statement...
How Long Should I Hold a Forex Trade?
Jennifer -
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets in the world, where currencies are traded...
Is a Higher or Lower Spread Better?
Jennifer -
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays a crucial role in the cost of...
What is the Golden Rule in Forex?
Jennifer -
The foreign exchange (Forex or FX) market is the largest and most liquid financial market in the world, with a daily trading volume surpassing...
Why Is the Pound So Strong?
Jennifer -
The British pound (GBP) is one of the oldest currencies still in circulation and has been a dominant force in global financial markets for...
Which Currency is Higher Than the Dollar?
Jennifer -
When it comes to global finance and foreign exchange markets, the US dollar (USD) is often seen as the benchmark currency. As the world’s...
How to Trade on Forex Without Losing?
Jennifer -
Trading in the foreign exchange (forex) market is an exciting and potentially profitable venture. With a daily turnover of over $6 trillion, forex trading...
What is the Spread of XAU/USD?
Jennifer -
The foreign exchange market (Forex) is a complex and dynamic financial environment that allows the trading of various currency pairs. Among these, the XAU/USD...
Indonesia Stocks Close Higher with Gains in Infrastructure, Financials, and Agriculture Sectors
Jennifer -
Indonesia's stock market saw positive movement on Friday, buoyed by gains in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index closed the...
Australia Stocks Close Higher; S&P/ASX 200 Gains 0.60%
Jennifer -
Australian stocks ended the trading session higher on Friday, with significant gains in the Gold, Energy, and A-REITs sectors driving the overall market upward....