Tag: USD
Which Currency is Mostly Used in the World?
Jennifer -
The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...
Indonesia Stocks Close Lower; IDX Composite Index Falls 1.26%
Jennifer -
Indonesia stocks concluded Friday's session on a downward trajectory, with losses primarily driven by the Infrastructure, Financials, and Agriculture sectors. By the close in Jakarta,...
USDCHF Price Forecast for June 12, 2024
Jennifer -
Expected Scenario: The USDCHF price has been oscillating around the EMA50, with a narrow trading range dominating recent market activity. As such, we maintain...
Asian FX Stability Prevails as Markets Await CPI and Fed Meeting
Jennifer -
Across Asian markets, currency movements remained subdued on Wednesday, with the dollar holding steady as traders awaited crucial signals on U.S. interest rates from...
Taiwan Stocks Lower at Close of Trade; Taiwan Weighted Down 0.30%
Jennifer -
Taiwan stocks ended lower on Wednesday, with the Taiwan Weighted index declining by 0.30%, influenced by losses in the Transport and Optoelectronic sectors. Top Performers Despite...
Australia Stocks Close Lower; S&P/ASX 200 Down 0.51%
Jennifer -
Australian stocks ended lower on Wednesday, with the S&P/ASX 200 index declining by 0.51%, primarily due to losses in the Utilities, IT, and Industrials...
Japan Stocks Close Lower as Nikkei 225 Falls 0.60%
Jennifer -
Japan's stock market closed lower on Wednesday, driven by declines in the Finance & Investment, Steel, and Marine Transport sectors. The Nikkei 225 index...
What is low leverage in forex trading?
Jennifer -
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...
Indonesia Stocks Lower, IDX Composite Index Down 0.41%
Jennifer -
Indonesia's stock market closed lower on Tuesday, with losses predominantly observed in the Financials, Agriculture, and Basic Industry sectors. At the close of trading in...
What is the Richest Currency in the World?
Jennifer -
In the dynamic and interconnected world of global finance, currencies play a pivotal role in international trade, investment, and economic stability. The value of...
What Country is the U.S. Dollar Worth the Most?
Jennifer -
The value of the U.S. dollar (USD) varies significantly across different countries, influenced by a multitude of factors including economic stability, inflation rates, and...
Why does spread increase at night?
Jennifer -
Forex trading operates around the clock, with markets open 24 hours a day, five days a week. However, traders often notice an increase in...