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What is Raw Spread in FX?

Understanding raw spread in the context of foreign exchange (FX) trading is essential for traders seeking transparency, competitive pricing, and efficient execution. Raw spreads...

What is the Spot Price of Gold Today?

Gold has long been considered a valuable asset and a safe haven for investors during times of economic uncertainty. The spot price of gold...

GBPJPY Price Analysis – Forecast for June 21, 2024

Expected Scenario The GBPJPY pair has shown signs of postponing its bullish momentum, primarily due to repeated negative closes below the barrier at 201.40. This...

EURJPY Price Analysis – Forecast for June 21, 2024

Expected Scenario The EURJPY pair has successfully achieved the first additional target at 170.35, following which it experienced a temporary negative rebound. This pullback was...

The yen fell after the Bank of Japan gave no hint of readiness to raise rates further in the coming months

Market analyst Sam Coventry wrote that the yen fell after the Bank of Japan did not signal that it was ready to raise rates...

US sanctions on Chinese company Wuhan Tianyu may affect the company’s foreign exchange settlement

China Wuhan Tianyu Information Industry Co., Ltd. said that the United States' inclusion of it in the sanctions list was a "unilateral" act, which...

What is Meant by Spread in Forex Trading?

Forex trading, or foreign exchange trading, involves the buying and selling of currencies on a global market. One of the key concepts that traders...

Which Currency is Mostly Used in the World?

The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...

What is low leverage in forex trading?

Forex trading, also known as foreign exchange trading, is a dynamic and fast-paced market where currencies are bought and sold against each other. One...

What is the Richest Currency in the World?

In the dynamic and interconnected world of global finance, currencies play a pivotal role in international trade, investment, and economic stability. The value of...

Unwinding of Hugely Popular Currency Trade Rocks Markets

A sharp drop in Mexico's currency following a landslide election result has caused significant disruption in foreign exchange markets, affecting currencies as far away...

Why is my spread so high in forex?

For traders in the foreign exchange (forex) market, understanding the concept of spread is essential. The spread refers to the difference between the bid...

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