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Monthly Archives: May 2025

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How Does Forex Exchange Work? A Beginner’s Guide to Currency Trading

Written on May 1, 2025 at 7:00 am, by

Foreign exchange, or forex, is the global marketplace where currencies are traded. It underpins international commerce by allowing seamless conversion between different currencies, making it essential for global trade, travel, and financial transactions. With a daily turnover of over US $6 trillion, the forex market is the largest and most liquid financial market in theContinue Reading

Dollar Gains on Strong U.S. Data; Soft ADP Jobs Hint at Weak NFP

Written on May 1, 2025 at 5:38 am, by

Market Summary Markets remained largely subdued earlier this week as investors awaited key U.S. economic data for fresh direction. On Wednesday, the Personal Consumption Expenditures (PCE) index came in slightly above expectations, while GDP figures also beat market consensus—reinforcing the view that the Federal Reserve is likely to keep interest rates elevated in May. TheContinue Reading

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