The United States dollar is the most traded currency on the foreign exchange market. Despite a slight decrease in its shares after the introduction of the Euro, it remained by far the most popular currency on the market. The data for 2013 when the euro was in existence for more than 10 years suggests that …
Navigating Forex Trading with the United States Dollar: Strategies, Trends, and Insights Read More »
On the foreign exchange market, the Japanese Yen (JPY) is the third most traded currency. Compared to the USD and EUR, it is traded less, although it is traded more than the GBP and AUD. If we look at national currency reserves, it is also the fourth most widely used currency. Only the EUR/USD currency …
Trading and Investing in the Japanese Yen (JPY): Strategies and Insights Read More »
The Canadian dollar is one of the top ten most traded currencies in the world. According to 2018 data, it is ranked sixth. Most traded currencies in 2018: Position Currency 1 United States dollar 2 Euro 3 Japanese yen 4 Pound sterling 5 Australian dollar 6 Canadian dollar 7 Swiss franc 8 Chinese yuan 9 …
Understanding the Canadian Dollar: Factors Influencing its Strength and Stability Read More »