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What is a 0.10 Lot Size in Forex?
When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...
What is Trading Size in Forex?
In the world of forex trading, understanding the concept of trading size is essential for managing risk, maximizing profits, and ensuring longevity in the...
What Is a Good Lot Size in Forex?
In the world of forex trading, one of the most critical aspects of managing trades is determining the appropriate lot size. A "lot" refers...
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How to Profit from Bid-Ask Spread in Forex?
The foreign exchange (forex) market is the largest financial market globally, with trillions of dollars traded daily....
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What is the Buy Limit in Forex?
The world of forex trading is vast and complex, with a myriad of strategies, tools, and order...
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What Does Pip Mean in Forex?
The world of foreign exchange (forex) trading is vast and complex, with a unique language of its...
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New orders for U.S. durable goods ease recession fears
jack wei -
Today Thursday (August 25), the Asian plate. The dollar index was quoted at 108.46, down 0.16%. Data on Wednesday showed that new orders for...
ECB may be forced to keep raising interest rates
jack wei -
Today Thursday (August 25), the Asian plate. The euro was quoted at 0.9988 against the dollar, an increase of 0.15%. The EUR/USD pair traded...
South African inflation hits highest
jack wei -
Today Thursday (August 25), the Asian plate. The US dollar, the South African rand, was quoted at 16.8825, down 0.27%. Inflation in South Africa...
South Korea’s economic recovery may pour cold water, the won may depreciate
jack wei -
Today Thursday (August 25), the Asian plate. The dollar was quoted at 1336.8200 against the Korean won, down 0.21%. The market believes that the...
FXOAK Quanjinhui: Weak data, the dollar retreats, today’s focus on GDP data
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According to a report released by S&P Global on the 23rd, affected by high inflation, the initial value of the euro zone's manufacturing purchasing...
Credit Suisse: USD/TRY on track to break 19.00 by end of quarter
jack wei -
Credit Suisse economists now expect a relatively orderly rally in USD/TRY in the coming weeks, targeting the pair at 19.00 by the end of...
Even ECB rate hikes won’t stop the euro from plunging
jack wei -
On August 24, the euro was hovering below parity against the dollar after its recent slump, and even a sharp interest rate hike by...
What is the US Dollar Index today (August 24, 2022)
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reelfinancial.com provides today’s us dollar index quotes (August 24, 2022): category Latest price opening price yesterday’s closing price us dollar index 108.75 108.53 108.54 For more latest inquiries and daily updates of the US dollar...
Euro, yen weaken, dollar index rises
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On Wednesday (August 24), EURUSD opened at 1.1766 and temporarily reported at 0.9945. The dollar index temporarily reported 108.73. USD/JPY temporarily reported 136.94. There...
Europe’s worst drought now, euro could hit new lows
jack wei -
Today on Wednesday (August 24), the euro/dollar bottomed out and rebounded. It is currently trading around 0.9969. The euro was quoted at 0.9945 against...
Eurozone economy weakened by energy crisis
jack wei -
On Wednesday (August 24), the opening price of the euro and the dollar was 1.1766, the closing price was 0.9968 yesterday, and the temporary...
Moderate exchange rate fluctuations are conducive to keeping the economy operating within a reasonable range
jack wei -
The strength of the US dollar reappeared. Yesterday, the US dollar index broke through the 109 mark in intraday trading, hitting a new high...