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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel. Traders are advised to anticipate a bearish...
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 a significant decline for the fourth consecutive...
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 of the bullish trend. This morning, the...
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EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024
The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This...
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Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution
Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await...
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CADCHF Remains Bearish – Market Outlook for December 27, 2024
The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations...
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UK consumer spending softens, job ads fall in past week
British consumers' spending on credit and debit cards fell slightly over the past week and the number of job adverts declined, while restaurant bookings...
Common professional terms in virtual currency transactions
Position: refers to the proportion of actual investment and actual investment funds of investors. Full position: All funds to buy virtual currency. Selling: Selling some of...
What is cryptocurrency?
Cryptocurrency is a type of digital currency created through code.They operate autonomously outside the traditional banking and government systems.Cryptocurrencies use cryptography to secure transactions...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
What is exchange rate risk？
The exchange rate risk is that the foreign debt borrowed must eventually be converted into foreign currency in the local currency or repaid with...
What is a currency pair?
A currency pair is a foreign exchange transaction rate consisting of two currencies, represented by two ISO codes plus a delimiter, such as GBP/USD,...
Names of the currencies of the world
there are 164 official national currencies circulating around the world. Although the number of the independent countries is 197 plus about five dozen of dependent...
The difference and introduction of M1 and M2
Today, I would like to talk about M1 and M2. M1 and M2 are two words that we often hear, but many people do...
What’s the difference between paper money and money?
1. the difference between (1) Different meanings: money is a commodity separated from commodities and fixed as a general equivalent;Paper money is a mandatory currency...
What is base money?
Base money is defined as the sum of cash held by the public and reserves held by banks.So base money is all the cash...
How to define a world currency?What are the current world currencies?
Which countries are currently the world's currencies? Is the dollar the only real world currency? Is being a reserve currency in IMF Special Drawing Rights the...
Bahrain, the United Arab Emirates raised interest rates by 75 basis points and Saudi Arabia and Saudi Arabia by 50 basis points
Central banks in the Middle East also moved quickly after the U.S. Federal Reserve announced its biggest interest rate hike in nearly three decades. Bahrain's...