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Foreign Exchange Basics: What is Foreign exchange firm trading?

The friends who are interested in foreign exchange investment all know that foreign exchange trading types are divided into foreign exchange margin trading and...

What is a Pivot Point in Forex Trading?

A pivot point in financial trading refers to a turning point or condition of a trend, a concept that applies equally to the foreign exchange...

Is the Yuan a Safe Haven Currency?

In the wake of the conflict between Russia and Ukraine, the renminbi initially appeared as a safe-haven currency, but it was only an atypical...

Fry Foreign Exchange Beginner’s Entry Trading Method

  Choose a trading strategy There are risks in the market, so be cautious when entering it. For beginners of currency speculation, there is a basic...

What are the Ways to Buy Foreign Exchange

Ways to buy foreign exchange: 1. Bank Banks are a relatively common source of foreign exchange buying. You need to bring your valid ID to the...

Germany’s crude oil import bill doubles in first April

German crude oil imports rose 14.6% in the first four months of 2022 from a year earlier, according to official data, while rising prices...

Some basic concepts you need to understand when buying and selling Forex

Definition of forex foreign exchange refers to the simultaneous purchase of a certain currency and the sale of another currency in the over-the-counter market. Currency refers...

Foreign exchange swap trading and foreign exchange futures trading

foreign exchange swap transaction refers to that in foreign exchange transactions , a transaction includes both spot foreign exchange transactions and forward foreign exchange...

Today’s RMBUSD exchange rate query (July 5, 2022)

provides today's exchange rate quotations of RMB against the US dollar (July 5, 2022): category Latest price opening price yesterday's closing price RMBUSD exchange rates 0.1494 0.1493 0.1493 For more daily updates of...

Which economic data affects the dollar’s trend?

Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...

dollar price definition

The benchmark price of USD is only available in major currencies , such as USD, GBP , EURO , JPY , HKD , etc....

Factors affecting the exchange rate of the pound

In the international foreign exchange market, the pound occupies an important speculative share among the eight major international currencies . To speculate on the...

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