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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...

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,...

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....

Asia FX Market Subdued Ahead of US Inflation Data; Yen Surges on BOJ Remarks

In the Asian foreign exchange market, movements were muted on Thursday with the dollar stabilizing ahead of crucial U.S. inflation figures, while the yen...

What is trade size in forex?

The foreign exchange market, commonly known as forex, is a dynamic and decentralized marketplace where currencies are traded. To engage in forex trading successfully,...

What backs the US dollar?

The US dollar (USD) stands as a global powerhouse, serving as the world's primary reserve currency and facilitating international trade. Its widespread use in...

India’s Central Bank Lifts Restrictions on Forex Non-Deliverable Forward Arbitrage by Banks

India's central bank, the Reserve Bank of India (RBI), is reportedly easing restrictions on banks' arbitrage trades involving the outright foreign exchange over-the-counter (OTC)...

What does swap free mean in forex?

In the expansive world of financial markets, Forex (foreign exchange) trading stands out as a dynamic and intricate landscape where traders seek opportunities in...

What is raw spread account in forex?

In the vast realm of financial markets, Forex (foreign exchange) trading stands out as one of the most dynamic and liquid arenas. Within the...

What is forex ecn account?

In the world of forex trading, Electronic Communication Networks (ECN) have revolutionized the way currency transactions take place. A Forex ECN account represents a...

Who is the richest person in forex?

In the vast and dynamic world of financial markets, forex trading stands out as one of the most lucrative arenas for investors seeking substantial...

Which forex pair is most profitable?

In the vast and dynamic world of currency trading, commonly known as forex, investors seek the most profitable opportunities to maximize returns. The choice...

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