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What backs the US dollar?

The US dollar (USD) stands as a global powerhouse, serving as the world's primary reserve currency and facilitating international trade. Its widespread use in...

What is the richest currency in Asia?

Asia is home to some of the world's most vibrant economies and thriving financial markets. With diverse cultures, histories, and economic landscapes, the continent...

What is WTI in Tradingview?

In the complex world of financial markets, platforms like TradingView serve as indispensable tools for traders and investors. One frequently encountered term on TradingView...

Australia Stocks Close Higher; S&P/ASX 200 Up 0.12%

Australia stocks ended higher on Monday, with gains observed in the Gold, Consumer Discretionary, and IT sectors, driving the S&P/ASX 200 up by 0.12%...

Japan Stocks Reach New All-Time High, Nikkei 225 Up 0.28%

Japan stocks closed higher on Monday, with the Nikkei 225 gaining 0.28% and setting a new all-time high. The upward momentum was driven by...

What is a mini lot in forex?

In the vast world of forex trading, understanding the terminology and concepts is crucial for success. One such term that frequently arises in forex...

Dollar Retreats Ahead of PMI Data; Euro, Sterling Gain

In early European trade, the U.S. dollar retreated as risk sentiment improved following Nvidia's stellar earnings, while traders awaited the release of crucial business...

Japan Stocks Surge as Nikkei 225 Hits New All-Time High

Tokyo's Nikkei 225 index closed on Friday with a remarkable 2.19% surge, reaching a new all-time high. Gains were primarily driven by strong performances...

Which forex pair is most profitable?

In the vast and dynamic world of currency trading, commonly known as forex, investors seek the most profitable opportunities to maximize returns. The choice...

U.S. Dollar Drifts Lower as Traders Await Fed Minutes

The U.S. dollar edged lower in early European trade, retracing some of its recent gains amid thin trading volumes due to the Presidents' Day...

Australia Stocks Experience Marginal Decline with S&P/ASX 200 Down 0.08%

On Tuesday, Australia's stocks closed slightly lower, with the S&P/ASX 200 falling by 0.08%. The decline was attributed to losses in the Metals &...

NZD/USD Sustains Upward Momentum

The NZD/USD pair continues its upward trajectory, demonstrating further gains as it tests the 0.6140 level. This suggests a potential halt to the recent...

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