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Reviewed by Gordon Scott Fact checked by Katrina Munichiello The foreign exchange, also known as FX or the forex market, is ...
Sentiment refers to how forex market participants view a currency pair’s future prospects. If their general outlook is favorable for the pair, they tend to establish long positions.
Reviewed by Thomas Brock Fact checked by Suzanne Kvilhaug The forex market is open 24 hours a day, five days a week, because ...
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Nigeria's central bank said on Thursday it plans to intervene in the country's foreign exchange market occasionally to boost liquidity, while ending an eight-year ban on 43 items that had been ...
The RBI has already resorted to buying dollars as the rupee has stabilised, forex market participants have said. Forex reserves rose to a near-six-month high of $573.7 billion in the week through ...