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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.

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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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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Foreign exchange

Currency exchange is the process of buying or selling one currency in exchange for another. This can be done through various means such as banks, brokers, or online platfor...

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Forward points

The forward rates for a forward foreign exchange transaction are determined by adding or subtracting points from the spot rate. These points reflect the interest rate differ...

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