(MENAFN- Daily Forex) Currency pairings are used to estimate currency unit prices in the forex market. The base currency (also known as transaction currency) is the initial currency mentioned in a ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

The foreign exchange market plays a crucial role in global trade. Institutions such as banks can buy and sell currencies like the euro or the yuan. As a result, international trading and investments ...

Fiat currencies are issued and regulated by a country’s central bank but are not backed by a commodity like gold. Fiat currency is a type of money that is created by a government and is not backed by ...