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Currency

Price

The purchase or sale rate of the underlying currency is known as the strike price. This is the agreed upon price at which the currency can be bought or sold. It serves as a reference point for determining the profitability of a currency option. Understanding the concept of strike price is crucial in navigating the world of finance and making informed decisions in currency trading.

X

Let's dive into the world of finance and explore the intricacies of Nasdaq stock symbols. These symbols are used to identify mutual funds, which are investment vehicles that...

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Pip

This is also known as a pip In the world of finance, a currency's price can fluctuate in the blink of an eye. This change is measured in the smallest unit, known as a pip. ...

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Day trading

It involves buying and selling financial instruments such as stocks, currencies, or commodities in order to make a profit within a short period of time. This type of trading ...

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Flat

A trading book with no market exposure is commonly known as a "zero book" in the world of finance. This term refers to a book of financial instruments that have no current m...

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