Introduction The currency which is acceptable all over the world for trading is called global currency. Few currencies of the world are acceptable as the most international transactions. The most popular of the few is the US dollar, Euro and yen stands next in the queue. As per the International Monetary Fund, the U.S. dollar [...]
The U.S. dollar is the world reserve currency and one of the strongest currencies in the world but, it is not the strongest currency in the world. The strongest currency in the world is the Kuwaiti Dinar. Also, contrary to what most people think, the British Pound is not the strongest currency today; however, it is [...]
In everyday speech, the yuan is on trend. Not only does it define the state of one of the world's biggest economic superpowers, but it is also central to one of the most debated issues involving China today. Chinese money, however, comes by two names: the Yuan (CNY) and the people's renminbi (RMB). The distinction [...]
What is a currency strength meter? Currency strength meter is a technical indicator in forex trading. CSM shows an at-a-glance view of what is going on in the forex market. Any trader needs to know the direction of the currency pair. It is also important to remember that the market movement is defined by the [...]
