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On Thursday, the Banco de México (Banxico) reduced its benchmark interest rate by 50 basis points, lowering it from 9.50% to 9%. The central bank also indicated the possibility of…

The Australian Dollar (AUD) weakened against the US Dollar (USD) on Friday, erasing gains from the previous session as risk aversion intensified due to concerns over impending US auto tariffs.…

The Japanese Yen (JPY) found support against the US Dollar (USD) on Friday, bouncing from a nearly four-week low during the Asian session. Stronger-than-expected consumer inflation data from Tokyo reinforced…

The Bank of Japan (BoJ) released its Summary of Opinions from the March monetary policy meeting, highlighting concerns over inflation, wage growth, and global economic uncertainty. The report suggests that…

In the world of currency, the notion of old money losing value or becoming obsolete is not unfamiliar. As economies evolve and technology advances, countries periodically introduce new banknotes or…

In the world of global finance and foreign exchange (forex) trading, understanding the concept of valid currencies is essential for traders, investors, and businesses that interact with international markets. The…

Foreign exchange (Forex) trading is the largest and most liquid financial market in the world. It involves the trading of different currencies against each other, and the value of each…

The world of foreign exchange (forex) trading is a vast and dynamic one, with numerous currencies fluctuating against one another on a daily basis. One question that often arises is:…

The British Pound (GBP) maintains its strength against the US Dollar (USD), trading near 1.2950 during Friday’s Asian session. Following gains in the previous session, the pair consolidates within an…

The EUR/JPY pair retraces its recent gains, slipping to around 162.70 during Friday’s Asian session as the Japanese Yen (JPY) strengthens following the release of Tokyo’s Consumer Price Index (CPI)…

Federal Reserve Bank of Boston President Susan Collins addressed the current challenges facing the Federal Reserve, emphasizing the need to balance between maintaining a tight policy stance and preemptively addressing…

Federal Reserve Bank of Richmond President Thomas Barkin expressed concerns on Thursday about the economic uncertainty stemming from the Trump administration’s trade policies, suggesting that the Fed may adopt a…

Langkawi, an archipelago off the coast of Malaysia, is a popular tourist destination renowned for its beautiful beaches, lush landscapes, and vibrant culture. Known as the “Jewel of Kedah,” Langkawi…

When traveling abroad, one of the most critical concerns for any traveler is the amount of local currency they can carry. For travelers heading from India to Singapore, understanding the…

The foreign exchange (forex) market is one of the largest and most liquid markets in the world, with trillions of dollars being exchanged daily. It is a global market where…

In the world of foreign exchange trading, currency conversion plays a critical role in shaping the dynamics of global finance. Whether you’re a tourist traveling abroad, an investor seeking opportunities…

Francois Villeroy de Galhau, a policymaker with the European Central Bank (ECB) and the head of the Bank of France, stated on Wednesday that a potential 25 percentage point increase…

The latest meeting minutes from the Bank of Canada (BoC) suggest the central bank may be closer to pausing interest rate cuts than previously anticipated. The minutes, detailing the BoC’s…

The USD/CAD pair remained subdued for the fourth consecutive day, hovering around 1.4260 during Thursday’s Asian trading session. The pair faces downward pressure as the US Dollar (USD) weakens, largely…

The Indian Rupee (INR) lost momentum on Thursday, weighed down by concerns over potential tariff retaliations and increased month-end demand for the US Dollar (USD) from importers. A surge in…