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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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Euro will struggle to find support
On Thursday (June 30), the EURUSD opened at 1.0440 and closed at 1.0442 yesterday. As of now, the highest has touched 1.0447 and the...
The Fed may raise interest rates by 75 basis points in July
Today on Wednesday (June 29), the US dollar opened at 104.5 and closed at 104.5 yesterday. As of now, the highest has touched 104.52...
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...