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What is the Spread of XAU/USD?
The foreign exchange market (Forex) is a complex and dynamic financial environment that allows the trading of various currency pairs. Among these, the XAU/USD...
Why Are Spreads High at Night?
In the world of forex and other financial markets, traders often observe that spreads—the difference between the bid (buy) and ask (sell) prices—tend to...
EURJPY Consolidates Below Key Resistance Level – Market Outlook for 30th December 2024
The EURJPY pair has been trading in a narrow range, largely consolidating below the 164.75 resistance level. This barrier has been preventing the pair...
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South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters
The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar,...
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NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024
The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at...
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USDCHF Price Resumes Upward Movement – Bullish Trend Forecasted for Today – 24 December 2024
The USDCHF price has bounced upwards, reaching the 0.9014 level and is now awaiting a breach of...
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The trend is stalemate. Will the dollar break out this week?
Today on Tuesday (June 28), the US dollar opened at 103.95 and closed at 103.96 yesterday. As of now, the highest has touched 104.02...
The US refers to the 104.30 area to suppress the shock rise in Europe and the United States
Today on Tuesday (June 28), the EURUSD opened at 1.0582 and closed at 1.0581 yesterday. As of now, the highest has touched 1.0586 and...
If the economy cannot be improved, the pound will still be difficult to rise
Today on Tuesday (June 28), the GBPUSD opened at 1.0065 and closed at 1.22671 yesterday. So far, the highest has touched 1.2280 and the...
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...
What is the unit of pound sterling?
The unit of sterling is pounds and pence. The symbol of pound £ is derived from the digit name libra poundo, which is formed...
What are the characteristics of the British pound currency
What are the characteristics of the British pound currency: The main features of sterling banknotes can be briefly summarized as follows: Currency name: British Pound (POUND,...
What are the denominations of British pounds?
The British pound is the standard currency of the United Kingdom and is issued by the Bank of England, which was established in 1694....
What are the principles for foreign exchange investment to increase positions?
Golden Investment Foreign Exchange Network January 12th , in the process of investing in foreign exchange , it is inevitable to encounter the situation...
How to formulate foreign exchange investment strategy?
foreign exchange investment strategy is a more effective investment skill that many investors want. So, how to formulate foreign exchange investment strategy? 1. Operation direction:...
What is the unit of foreign exchange trading volume?
The unit of foreign exchange transaction volume is hand, and we often measure the amount of foreign exchange speculation that we have traded 1...
Is Forex a Securities?
Forex and securities are fundamentally different, and securities can generally be divided into three categories, namely stocks, funds and bonds. Securities do not include...
The dollar falls, the status of the world’s major reserve currency declines
Today on Monday (June 27), the US dollar opened at 104.12, and closed at 104.12 yesterday. So far, the highest has hit 104.14 and...