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Currency

Cross

Cross currencies are commonly used for international trade and investments. Some of the most common cross currency pairs include EUR/JPY, GBP/CHF, and AUD/NZD. A currency pair that does not involve the US dollar is referred to as a cross currency. These pairs are frequently utilized in global trade and investments. A few examples of popular cross currency pairs are EUR/JPY, GBP/CHF, and AUD/NZD.

Currency Pair

In the world of finance, foreign exchange rates are a crucial concept to understand. These rates are determined by the value of two currencies in relation to each other. For...

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PIPS

Currency prices are subject to small fluctuations, which are measured in PIPS or percentage in point. PIPS represent the fourth decimal point of a price, typically equivalen...

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Day trader

A savvy investor who actively engages in the buying and selling of assets based on short-term fluctuations in market prices, is known as a day trader. This strategy involves ...

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Forward rates or forward price

Let's delve into the concept of net price, which is derived from the calculation of forward points and the subsequent deduction from the current spot rate. Essentially, thi...

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