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Euro, yen weaken, dollar index rises

On Wednesday (August 24), EURUSD opened at 1.1766 and temporarily reported at 0.9945. The dollar index temporarily reported 108.73. USD/JPY temporarily reported 136.94. There...

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...

what is SGD currency?what is SGD currency symbol and code?

The SGD (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally...

Fundamentals of Cross Rates

The basic principle of cross exchange rate: to understand the cross exchange rate, we must first clearly understand the basic principle of currency exchange...

Dollar price definition

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

dollar price definition

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

What is Slippage? Slippage in Forex Explained

Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize...

WHAT IS LEVERAGE IN FOREX TRADING?

Leverage in forex is a useful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This means a...

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