The IT and communication services sectors form 74% of the AI index. The two sectors have significantly outperformed the S&P 500 and other sectors on the […]
The US dollar is undoubtedly the most traded currency in the world, comprising nearly 90% of all forex transactions. All the 7 major pairs include the US dollar. […]
The Great British Pound (GBP) had spiked 1.38% versus the US dollar over three months, as of July 8th, 2024. The GBP has overshadowed the euro (EUR) and […]
The Australian dollar (AUD) had entered 2023 on a high note, rising to US$0.71 in January. However, it steadily declined throughout the year, ending 2023 at […]
The Federal Reserve’s (Fed) controls money supply in the US by adjusting interest rates in the country. Being the dominant global reserve currency, the value and […]
Currency pairs, pips, spreads, and expiration dates; as a beginner, there’s a lot to learn about trading currencies in the live markets. If you’re wondering where […]
The forex market in 2022 was characterised by an extremely strong US dollar as investors embraced a risk-off sentiment. The US dollar index surged to a […]