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What Does Size Mean in Forex?

In the world of forex trading, the term “size” plays a critical role in determining the scale of a trader's position and how it...

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...

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...

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....

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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How High Will Fed Interest Rates Go: A Comprehensive Analysis

The Federal Reserve's interest rate decisions hold significant importance for the global economy, influencing borrowing costs, inflation, and investment decisions. 1. Understanding Fed Interest Rates The...

What is USD/CHF: A Comprehensive Guide

USD/CHF is a currency pair that represents the exchange rate between the United States dollar (USD) and the Swiss franc (CHF). In this currency...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 19, 2023

USD/RMB reported at 7.1486, up 33 points (RMB depreciation); EUR/RMB reported at 8.0558, up 8 points; HKD/RMB reported at 0.9149, up 5.4 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 18, 2023

USD/RMB reported at 7.1453, up 127 points (RMB depreciation); EUR/RMB reported at 8.0550, up 400 points; HKD/RMB reported at 0.91436, an increase of 16.3 points;...

What day is fed rate Hike?

The Federal Reserve, often referred to as the Fed, plays a crucial role in the United States' monetary policy and economic stability. One of...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 17, 2023

USD/RMB reported at 7.1326, an increase (RMB depreciation) of 8 points; EUR/RMB reported at 8.0150, a decrease of 19 points; HKD/RMB was at 0.91273, up...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 14

USD/RMB was at 7.1318, down 209 points (RMB appreciation); EUR/RMB was at 8.0169, up 430 points; HKD/RMB reported at 0.91191, down 20.7 points; GBP/RMB reported...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 13

USD/RMB was at 7.1527, down 238 points (RMB appreciation); EUR/RMB was at 7.9739, up 541 points; HKD/RMB reported at 0.91398, down 26.7 points; GBP/RMB reported...

Daily Global Foreign Exchange Market News Express (July 12)

1. The New Zealand Federal Reserve suspended interest rate hikes, in line with market expectations, and kept interest rates at 5.50%, the highest level...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 12, 2023

USD/RMB was at 7.1765, down 121 points (RMB appreciation); EUR/RMB was at 7.9198, down 183 points; HKD/RMB reported at 0.91665, down 13.8 points; GBP/RMB reported...

Daily Global Foreign Exchange Market News Express (July 11)

1. Fed-Bostic reiterated: I don’t think it is necessary to raise interest rates to see inflation return to 2%. Mester: Could have hiked in...

Central parity of RMB exchange rate in the interbank foreign exchange market on July 11

USD/RMB reported at 7.1886, down 40 points (RMB appreciation); EUR/RMB reported at 7.9381, up 347 points; HKD/RMB reported at 0.91803, down 5.4 points; GBP/RMB reported...

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