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EURNZD Continues Bullish Momentum – Forecast for January 22, 2025
The EURNZD currency pair has recently shown consistent bullish behavior, closing positively above the key 1.8270 support level. The price has been moving upward,...
UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year, driven by higher interest rates from the...
EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
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Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking...
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Bitcoin Price (BTCUSD) Confirms Break Below Key Support – Market Outlook for 30th December 2024
Bitcoin (BTCUSD) has successfully broken below the key support level at $95,195, closing the previous daily candle...
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GBPJPY Maintains Bullish Momentum – Market Outlook for 30th December 2024
The GBPJPY pair has successfully closed above the 61.8% Fibonacci retracement level at 197.30, confirming the continuation...
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What is the GBP exchange rate
What is the GBP exchange rate GBP exchange rate : It is the ratio of the British currency pound to other countries' currencies, and the...
source of the pound sign
source of the pound sign? The original name of the pound was pound (punde before 1280), the former was pound, and 925 silver (925 silver...
Immediate impact of dollar appreciation
Immediate impact of dollar appreciation The appreciation of the dollar has solved a series of economic difficulties in non-US countries. Through the appreciation, the pressure...
The three major central bank governors “concluded the coffin”: “the era of low inflation” is over! The era of “low interest rates” is over
On Wednesday, June 29, the presidents of the three major central banks in Europe and the United States gathered in a rare gathering to...
Factors affecting the exchange rate of the pound
In the international foreign exchange market, the pound occupies an important speculative share among the eight major international currencies . To speculate on the...
What is the unit of pound sterling?
The unit of sterling is pounds and pence. The symbol of pound £ is derived from the digit name libra poundo, which is formed...
What are the characteristics of the British pound currency
What are the characteristics of the British pound currency: The main features of sterling banknotes can be briefly summarized as follows: Currency name: British Pound (POUND,...
What are the denominations of British pounds?
The British pound is the standard currency of the United Kingdom and is issued by the Bank of England, which was established in 1694....
The dollar falls, the status of the world’s major reserve currency declines
Today on Monday (June 27), the US dollar opened at 104.12, and closed at 104.12 yesterday. So far, the highest has hit 104.14 and...
GBP locked in 1.23 area
Today on Monday (June 27), the GBPUSD opened at 1.2271 and closed at 1.2274 yesterday. As of now, the highest has touched 1.2297 and...
The Bank of Japan remains firm on its ultra-loose policy USDJPY foreign exchange market analysis
Today on Monday (June 27), the dollar and yen opened at 135.27 and closed at 135.23 yesterday. So far, the highest has hit 135.27...
Wang Yiming, Monetary Policy Member of the People’s Bank of China: Fiscal policy needs to be strengthened, and we can consider raising the deficit...
On June 25, Wang Yiming, member of the Monetary Policy Committee of the People's Bank of China and vice chairman of the China Center...