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South Korea’s economy heavily reliant on exports, won tumbles against dollar

On Wednesday (August 24), the US dollar was quoted at 1342.1000 against the KRW, an increase of 0.25%. The KRW fell to 1345.80 against...

what is PLN currency?what is PLN currency symbol and code?

The Polish złoty (symbol: zł; code: PLN) is the official currency and legal tender of Poland. It is subdivided into 100 grosz (gr). The...

Moderate exchange rate fluctuations are conducive to keeping the economy operating within a reasonable range

The strength of the US dollar reappeared. Yesterday, the US dollar index broke through the 109 mark in intraday trading, hitting a new high...

HSBC: GBP/USD may continue to fall

GBP/USD fell to around 1.17. HSBC economists expect the pair to continue falling. Changes in risk appetite, two-year rate expectations and commodity prices mostly...

What are the trading methods of foreign exchange

How to trade foreign exchange: Spot foreign exchange transaction : Also known as spot foreign exchange transaction, it is a foreign exchange transaction method in...

What is Direct Exchange Control

Direct foreign exchange control refers to the direct and mandatory control of all foreign exchange transactions by the central bank or other financial and...

How to use the spread to speculate on foreign exchange?

Assumptions : 5.5% for one-year sterling deposits and 5% for US dollar deposits over the same period , the spread between them is 0.5%....

what is AUD currency?what is AUD currency symbol and code?

The AUD (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos Islands, and Norfolk Island. It is...

How to use Gann angle correctly in foreign exchange speculation?

There are two things to pay attention to when using Gann angles correctly: Correct volatility.Correct starting position. So let's study how to choose the right starting...

How to judge the top and bottom when speculating in foreign exchange?

Determine the bottom and top of the market according to the exchange rate Judging the top and bottom of the exchange rate from the second...

what is JPY currency?what is JPY currency symbol and code?

The JPY is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar...

Issues to be aware of in Forex margin trading M head trend

Issues to be paid attention to in the M head trend of foreign exchange margin trading, the shape of the market in foreign exchange...

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