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Currency

Foreign Exchange (Forex)

In the realm of finance, one often comes across the term 'foreign exchange market'. This refers to the global marketplace where currencies are bought and sold. In simpler terms, it is where one currency is exchanged for another. This market is highly influential and impacts various aspects of our economy. Understanding its workings and fluctuations is crucial for any finance professional.

Cable

The exchange rate between the British pound and the US dollar, commonly referred to as GBP/USD, is a crucial financial indicator in the world of finance. It represents the va...

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Euro

The European Union, consisting of 27 countries, has a common currency known as the Euro. Among these, 14 countries have adopted the Euro as their national currency. These in...

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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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Interest rate Carry

Foreign exchange positions are subject to overnight funding costs, which are based on the difference in interest rates between the currency pairs involved. This is known as ...

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