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Currency

FOREX

It is the largest financial market in the world with an estimated daily trading volume of $5 trillion.

The world of finance encompasses a vast array of terms and concepts, and one of the most important to understand is the foreign exchange market, commonly referred to as FOREX or FX. This market is where currencies from around the world are bought and sold simultaneously, making it a key player in the global economy. In fact, with a daily trading volume of approximately $5 trillion, it is the largest financial market in existence.

SONIA

SONIA, or the Sterling Overnight Index Average, is a key benchmark in the world of finance. It measures the overnight interest rate that banks pay for unsecured transactions...

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Take Profit order

In the world of finance, a customer may give instructions to buy or sell a currency pair. This action, when carried out, will lead to a decrease in the size of the current p...

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New York Stock Exchange(NYSE)

The New York Stock Exchange, commonly known as NYSE, is a prominent stock exchange in the United States. It was established in May 1792 and is home to the popular Dow Jones ...

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Bretton Woods

In 1944, a historic conference took place, paving the way for the post-war foreign exchange system that would remain intact for decades. This conference resulted in the esta...

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