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What is the Lowest Lot Size in Forex?
In the world of foreign exchange (forex) trading, understanding the concept of lot sizes is essential for anyone looking to enter the market. A...
What is Beginner Lot Size in Forex?
Forex trading, or foreign exchange trading, is a dynamic and complex market where currencies are bought and sold. For beginners, navigating the intricacies of...
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. One of the key concepts that every...
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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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What Is the Ask Price in Forex?
The foreign exchange market, commonly known as Forex or FX, is the largest and most liquid financial...
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Positive for euro, ECB hikes interest rates by 25 basis points in July
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Markets have lowered expectations for U.S. rate hikes, dollar rises
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Today’s RMBUSD exchange rate query (July 5, 2022)
provides today's exchange rate quotations of RMB against the US dollar (July 5, 2022): category Latest price opening price yesterday's closing price RMBUSD exchange rates 0.1494 0.1493 0.1493 For more daily updates of...
What is the US Dollar Index now (July 5, 2022)
provides today's us dollar index quotations (July 5, 2022): category Latest price opening price yesterday's closing price us dollar index 105.0991 105.2007 105.1995 For more latest inquiries about the us dollar index and...
Europe and the United States stand on the edge of stagflation, the European Central Bank raises interest rates or drags down the dollar
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Which economic data affects the dollar’s trend?
Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...
Why does the dollar strengthen in bad times and good times?
Ever wonder why the us dollar strengthens in bad times and good times? Well, others have similar doubts. In fact, a smart brother who...
how to calculate the dollar index
The calculation principle of us dollar index futures is based on the trade settlement volume between major countries in the world and the United...
dollar price definition
The benchmark price of USD is only available in major currencies , such as USD, GBP , EURO , JPY , HKD , etc....
Who is the picture on the pound?
In the UK, the Queen is the most noble symbol, so the obverse of all British pounds is Queen Elizabeth II, and the reverse...
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...
Factors for the devaluation of the pound
Factors for the devaluation of the pound First, the market expects that the Bank of England will cut interest rates ; Secondly, the current trade...