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Blame Game Escalates in Iran as Rial Plunges to Record Low
The Iranian rial has hit a historic low against the US dollar amid worsening economic uncertainty, fueled by deteriorating prospects for direct negotiations with...
USDCHF Price Sees Intraday Gains – Forecast for March 14, 2025
The USDCHF pair has shown positive movement, trading within a minor bullish channel observed on the chart. However, this pattern is believed to represent...
EURNZD Surges with Strong Gains – Forecast for March 10, 2025
The EURNZD pair experienced a significant bullish rally last Friday, breaking above the 1.8880 resistance level of its ascending channel and reaching 1.9050. This...
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EURJPY Hits Target Levels – Forecast for March 5, 2025
The EURJPY currency pair achieved its target levels on Tuesday, surpassing the key resistance point of 157.30...
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CADCHF Settles Below Resistance: Bearish Outlook for Today (March 3, 2025)
The CADCHF currency pair remains below the resistance level of the bearish channel at 0.6360, signaling the...
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EURJPY Continues Downward Trend – Market Forecast for February 25, 2025
The EURJPY currency pair has continued its downward trajectory, closing consistently below the 158.90 resistance level. This...
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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...
The Impact Of Currency Fluctuations
2019 has been a year of currency fluctuations, with most prominent Asian currencies like the Indian Rupee, South Korean Won and the Philippine Peso,...