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Currencies

Expert Analysis by Global Broker Octa

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 16 October 2024 - The U.S. dollar holds significant sway over global markets, particularly for traders in India and Southeast Asia. This release highlights the critical importance of monitoring the dollar's value and explores how its fluctuations affect currency pairs, commodity prices, and market strategies in the region. The U.S. dollar's dominance in global trade and finance is unparalleled. Around 88% of all foreign exchange transactions involve the U.S. dollar, solidifying its position as the backbone of international markets. For traders in...