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What does engulfing mean in Forex? Community
In Forex trading, an engulfing pattern is a significant candlestick formation indicating potential trend reversals. There are two types: bullish engulfing and bearish engulfing.
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The history and development of Bitcoin Community
Bitcoin, created by the pseudonymous figure Satoshi Nakamoto, was introduced in a 2008 whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." The first Bitcoin block, known as the Genesis...
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How to calculate stock dividends? Community
Calculating stock dividends involves a few key steps. First, determine the dividend per share (DPS), which the company announces. For instance, if the DPS is $2 and you own 100 shares, multiply the...
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What is a pairing code? Community
A pairing code is a secure, unique code that allows you to sync app access across multiple devices. They are often used in cryptocurrency wallets and other financial applications to provide an extra...
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What is derivative in forex? Community
In the realm of forex (foreign exchange), a derivative is a financial instrument whose value is derived from the underlying currency pair. Essentially, it is a contract between two parties that...
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Inflation rate in 2022 Community
The global inflation rate in 2022 was 6.9%, according to the International Monetary Fund (IMF). This was a significant increase from the 4.7% inflation rate in 2021. The rise in inflation was due to a...