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AUDCAD Under Negative Pressure – Forecast for December 23, 2024
The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...
GBP/USD Forecast Update – December 20, 2024
The GBP/USD currency pair has found solid support at the previously breached resistance of the bearish channel, which suggests the potential for a continuation...
GBPCAD Resumes Bullish Correction – Forecast for Today (18-12-2024)
The GBPCAD has resumed its bullish correction, recently surpassing the 1.8110 barrier. This move formed a double bottom pattern, reinforcing the continuation of the...
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EURJPY Encounters Strong Resistance – Forecast for December 17, 2024
The EURJPY pair has halted its recent bullish momentum after hitting a significant resistance at 162.40. This...
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EUR/JPY Forecast – December 16, 2024
The EUR/JPY pair has successfully surpassed the 161.10 resistance level last Friday, achieving additional gains by reaching...
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GBP/USD Forecast – December 16, 2024
The GBP/USD pair has shown weak price action today, stabilizing around the $1.2635 level. The bearish trend...
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What will happen if fed raises interest rates
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The Federal Reserve, or "the Fed," plays a critical role in managing the U.S. economy. One of the primary tools at its disposal is...
If fed raises interest rates what happens to stocks
Joy -
The Federal Reserve, also known as the "Fed," is responsible for setting monetary policy in the United States. One of the tools at its...
Who profits from higher interest rates
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When the Federal Reserve (Fed) raises interest rates, it can have significant impacts on various sectors of the economy. While higher interest rates can...
What will happen when the fed raises rates
Joy -
The Federal Reserve (Fed) is responsible for setting monetary policy in the United States, including the setting of interest rates. When the Fed raises...
If fed raises rates what happens to stocks
Joy -
The Federal Reserve (Fed) is the central bank of the United States and one of its main responsibilities is to set monetary policy. One...
What is foreign exchange market
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The foreign exchange market, also known as the forex or FX market, is a decentralized global marketplace where currencies are traded. It is the...
What does margin mean in forex
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Margin is a term used in forex trading to refer to the amount of money that a trader must deposit into their trading account...
What time does forex market close
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The forex market is a 24-hour market that operates five days a week, from Monday to Friday. However, the market is not open 24...
What does fx stand for in finance
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In finance, FX is an abbreviation for "foreign exchange." Foreign exchange refers to the global market where currencies are bought and sold. It is...
What is spread in forex trading
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In forex trading, a spread refers to the difference between the bid price and ask price of a currency pair. The bid price is...
What is spread betting forex
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Spread betting forex is a financial trading strategy that allows investors to speculate on the price movements of currency pairs without actually owning the...
What is currency exchange
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Currency exchange is the process of converting one currency into another currency. This can be done for a variety of reasons, including travel, business...