In Forex trading, a "pip" stands for "percentage in point" and is the smallest price move that a currency pair can make based on market convention. Understanding and calculating pips is crucial to manage risk and measure gains effectively. 1. What...
The price of crude oil, particularly West Texas Intermediate (WTI), saw a second consecutive day of decline, trading around $69.90 per barrel during the Asian trading session on Monday. This downward trend was mainly due to China's latest economic...
The October policy meeting of the Bank of Japan revealed a divergence in policymakers' views on interest rate timing. Coupled with political uncertainty in Japan and doubts about the central bank's ability to further tighten monetary policy, these...
The EUR/JPY currency pair surged to approximately 164.50 during the Asian trading session on Monday, primarily driven by a weakening yen. This upward movement was fueled by the Bank of Japan's (BoJ) October policy meeting, where policymakers...
Silent Points of EURAUD: Like other currencies, the EURAUD market is also following a bullish trend. Currently, it is trading around the 1.6255 level, and this bullish trend may continue today, reflecting strong buyer interest. This upward momentum...
