Bank Negara Malaysia Intervenes in Forex Market to Stabilize Exchange Rates

In a strategic move aimed at stabilizing the country's currency, Bank Negara Malaysia (BNM) has initiated interventions in the foreign exchange (forex) market. This decision comes amidst recent fluctuations and volatility in global currency markets, impacting the Malaysian Ringgit. The…

2 Min Read

How to Choose the Right Currency Pair to Trade

Choosing the right currency pair to trade is a crucial decision for forex traders. The currency pair you select can significantly impact your trading strategy, risk management, and potential profitability. Here are some steps to help you choose the right…

4 Min Read

Basic Forex Trading Strategies

Basic Forex trading strategies can help novice traders understand how to get started and develop strong trading fundamentals. Here are some basic strategies: Trend Trading: This strategy takes advantage of market direction. Traders look for long-term or short-term trends and…

3 Min Read
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