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Consumer Price Index (CPI)

The US index is a crucial measure in the world of finance. It is calculated on a monthly basis and reflects the changes in prices of goods and services that an average consumer would purchase. This index plays a significant role in monitoring inflation, making it a vital indicator for investors and policymakers alike.

Crown Currencies

Commonwealth currencies are a group of currencies used in countries that were formerly part of the British Empire. Some examples include the Canadian Dollar (CAD), Australia...

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Cross-rate

Let's delve into the concept of cross-currency exchange rates. This refers to the value of one currency in terms of another, when neither of the currencies involved is the U...

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USD

The US Dollar is represented by the currency symbol $. This symbol is used to denote the value of the American currency in international financial transactions. It is a wide...

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Closing a position

Foreign exchange transactions involve buying and selling currency. When a position is closed, it means that the trade has been completed and the currency has been exchanged....

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