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Asia FX Weakens as China PMIs Disappoint; Dollar Steady Ahead of PCE Data

In Friday's trading session, most Asian currencies experienced downward pressure, with the Chinese yuan nearing six-month lows following disappointing business activity indicators. Concurrently, the...

Dollar Rebounds Ahead of PCE Release; Euro Slips Post German Retail Sales

In early European trading on Friday, the U.S. dollar experienced a slight uptick, rebounding from losses in the previous session as investors awaited key...

SimpleSwap Launches Trading Contest with $12,000 Prize Pool

SimpleSwap, a leading instant crypto exchange, is excited to announce the commencement of its latest Trading Contest. This initiative offers participants the opportunity to...

Australia Stocks Close Higher; S&P/ASX 200 Up 0.96%

Australia stocks concluded the trading session on a positive note on Friday, with gains in the Gold, Consumer Staples, and Energy sectors driving the...

Japan Stocks Close Higher; Nikkei 225 Up 1.27%

Japan stocks concluded the trading session on a positive note on Friday, with gains in the Paper & Pulp, Manufacturing, and Transportation Equipment sectors...

Dollar Surges as Rising U.S. Yields Drive Safe-Haven Demand

The U.S. dollar scaled a two-week peak against major currencies on Thursday, driven by a sharp rise in Treasury yields and increased demand for...

Australia Stocks Decline Amid Gold and Mining Sector Losses; S&P/ASX 200 Drops 0.49%

Australia's stock market closed lower on Thursday, driven by significant declines in the Gold, Metals & Mining, and Resources sectors. The S&P/ASX 200 index...

Japan Stocks Decline, Nikkei 225 Drops 1.32%

On Thursday, Japan's stock market experienced a downturn, with losses primarily observed in the Marine Transport, Manufacturing, and Fishery sectors, contributing to the overall...

How much spread is good in forex?

In the fast-paced world of forex trading, understanding and managing spread is essential for optimizing profits and minimizing costs. The spread, the difference between...

How to reduce spread forex?

The spread in forex trading refers to the difference between the bid and ask prices of a currency pair. A narrower spread indicates lower...

U.S. Dollar Gains Traction Amidst Rising Yields; Euro Awaits Inflation Indicators

In early European trading on Wednesday, the U.S. dollar displayed upward momentum, bolstered by increasing expectations that the Federal Reserve will postpone interest rate...

UBS Bullish on Oil, Gold, and Copper Amid Geopolitical Uncertainty

UBS reaffirmed its optimistic stance on oil, gold, and copper amidst escalating geopolitical tensions in the Middle East. The recent surge in tensions was triggered...

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