Tag: currency
Japanese Yen Surges Against Dollar as BOJ Official Advocates Policy Overhaul
Jennifer -
The Japanese yen experienced a substantial strengthening against the dollar on Thursday, breaching key levels following a call from a Bank of Japan (BOJ)...
What is floating spread in forex?
Jennifer -
In the intricate world of forex trading, understanding the nuances of spread is paramount for success. Among the various types of spreads, one commonly...
What is trade size in forex?
Jennifer -
The foreign exchange market, commonly known as forex, is a dynamic and decentralized marketplace where currencies are traded. To engage in forex trading successfully,...
Dollar Slips Against Yen After Japan Inflation Beats, U.S. Durable Goods Fall
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The dollar eased against the Japanese yen after data revealed that Japan's core consumer inflation exceeded forecasts, while U.S. durable goods orders fell more...
How many banks use crypto?
Jennifer -
In the ever-evolving landscape of finance and technology, cryptocurrencies, often referred to as crypto, have emerged as a disruptive force challenging traditional banking systems....
Does Amazon accept crypto?
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In the dynamic landscape of e-commerce, where technology and innovation continually shape the future, the question of whether major players like Amazon accept cryptocurrency...
How businesses can accept cryptocurrency payments?
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In an era marked by technological innovation and the rapid evolution of financial landscapes, cryptocurrencies have emerged as a disruptive force, challenging traditional payment...
What backs the US dollar?
Jennifer -
The US dollar (USD) stands as a global powerhouse, serving as the world's primary reserve currency and facilitating international trade. Its widespread use in...
What is the richest currency in Asia?
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Asia is home to some of the world's most vibrant economies and thriving financial markets. With diverse cultures, histories, and economic landscapes, the continent...
India’s Central Bank Lifts Restrictions on Forex Non-Deliverable Forward Arbitrage by Banks
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India's central bank, the Reserve Bank of India (RBI), is reportedly easing restrictions on banks' arbitrage trades involving the outright foreign exchange over-the-counter (OTC)...
Dollar Retreats Ahead of Key Economic Data in a Packed Week
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The dollar saw a mostly lower performance as market participants anticipated U.S. durable goods orders and crucial inflation data later in the week, which...
MicroStrategy Acquires 3,000 Bitcoins for $155 Million, Expanding Holdings to 193,000 Bitcoins
Jennifer -
MicroStrategy, led by Michael Saylor, has announced the purchase of an additional 3,000 Bitcoins for approximately $155 million, according to securities filings. The average...