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MARKET NEWS:
- EUR/USD rises 0.3% after ECB signals potential rate hike in June
- USD/JPY falls as Bank of Japan considers policy normalization
- GBP/USD reaches 1.2850 following strong UK employment data
- Gold prices hit new record high amid geopolitical tensions
- Fed minutes indicate cautious approach to future rate cuts
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What is a pip in forex trading? Understanding the basics for traders
Are you wondering what is a pip in Forex trading, and why it is so essential? Pip is not just the smallest unit for measuring price movements; it is also the foundation for calculating your profits, losses, and managing risk effectively. This article by H2T Finance will explain in the...
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What does NFP stand for? Definition and why it matters in finance – Expert’s insight
NFP stands for Non-Farm Payrolls, a key U.S. economic indicator. As a forex trader or someone curious about market-moving news, you've likely stumbled upon the term NFP. But what does NFP stand for, and why does it command so much attention every month? In this expert guide, you'll discover not...
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What is a direct quotation? Clarifies its role in Forex
Are you exploring what is a direct quotation and its significance in Forex trading? This is a fundamental yet incredibly important concept that helps you accurately interpret exchange rates, especially when you're new to the market. This article will thoroughly explain direct quotation, how it's presented, and why mastering this...