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What Makes XAUUSD Move?

XAUUSD is a commonly used symbol in the foreign exchange (forex) market representing the exchange rate between gold (XAU) and the U.S. dollar (USD)....

Is USDCHF Bullish or Bearish?

The USDCHF currency pair represents the exchange rate between the US Dollar (USD) and the Swiss Franc (CHF). It is a significant pair in...

Japan Spent Record 5.9 Trillion Yen in April Forex Intervention

Tokyo, Aug. 7 — Japan's Finance Ministry reported that the country undertook a record-breaking foreign exchange market intervention on April 29, spending 5,918.5 billion...

What Are Spreads Used for in Forex?

In the foreign exchange (forex) market, understanding spreads is crucial for both novice and experienced traders. The spread, which refers to the difference between...

How to Minimize Loss in Forex Trading?

Forex trading, or currency trading, involves buying and selling currencies in the foreign exchange market to profit from changes in exchange rates. While the...

When Not to Trade Forex?

Forex trading, the act of buying and selling currencies in the foreign exchange market, is a dynamic and potentially profitable endeavor. However, knowing when...

Japan’s Stock Market Decline Signals ‘Fundamental Shift,’ Says Goldman Sachs Strategist

Japan's stock markets plunged to an eight-month low on Friday, following a consecutive two-day decline triggered by the Bank of Japan's decision to raise...

What Is the Safest Forex to Trade?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a range of opportunities for traders. However,...

Rupee Likely to Maintain Downward Trend as Asian Currencies Slip

The Indian rupee is expected to continue its slight depreciation on Tuesday, following the trend of most Asian currencies that weakened ahead of key...

What Moves the Forex Market the Most?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, with a daily trading volume exceeding $6 trillion....

Is CHF Higher Than Euro?

When comparing currencies, such as the Swiss Franc (CHF) and the Euro (EUR), several factors come into play, including their historical performance, economic stability,...

Who Has the Largest Reserve of Oil in the World?

Oil remains one of the most crucial energy sources globally, powering industries, transportation, and households. The availability and control of oil reserves significantly influence...

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