They monitor various economic calendars and trade vigorously on each release of data, trying to make the most out of the 24-hour-a-day, five-day-a-week foreign exchange market. However, this strategy ...
In forex trading, investors trade currency pairs, sometimes known as "crosses" when they do not include the US dollar, to capitalize on fluctuations in exchange rates. The process involves buying one ...
Under the direction of Bangladesh Bank Governor Dr Ahsan H Mansur, banks are clearing overdue payments, resulting in improved market conditions. This progress comes despite a reduction in foreign curr ...
Currency pegging is a way for a nation to stabilize the value of its money by tying it to another country's exchange rate.
Hurt and Guse's conversation also highlighted the long-term financial strain China faces due to its debt-to-GDP ratio, which could be exacerbated by ongoing currency manipulation. "Free trade ...
The picture is different in the carry trade-sensitive currency pairs, where the rally in the first half of August looks like a technical rebound that is almost complete. The USDJPY fell to 142.0 ...
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and ...
with the arrangement hailed as a milestone in the internationalisation of the Chinese currency. “This pioneering transaction highlights the high level of openness in the Lingang Special Area ...
Each trade involves a currency pair, such as EUR/USD, where one currency is bought (base) and the other sold (quote). The exchange rate indicates how much of the quote currency is needed to ...
On Monday, the Indian rupee settled for the day 3 paise higher at 83.87 against the American currency. Asian currencies fell after appreciating on Monday. The Indian rupee opened at 83.91 and is ...