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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.

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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Tool

In the world of finance, a currency pair refers to the comparison of two currencies in a foreign exchange market, while a contract for difference is an agreement between two...

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Stop-loss

A stop order is a common tool utilized by clients in the finance world to limit potential losses. This type of order instructs the broker to close an open position once the ...

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Direct quotation

When discussing foreign exchange rates, it's important to understand the concept of quoting in fixed units of foreign currency against variable amounts of the domestic curre...

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