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EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets in the world, where currencies are traded...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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What is the Standard Spread in Forex?
Forex trading is one of the most dynamic and liquid financial markets in the world. As of...
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What Time Is the Lowest Spread in Forex?
The forex market operates 24 hours a day, five days a week, offering a vast array of...
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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...