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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.

Lot

The exchange transactions unit is a crucial concept in the world of finance. It refers to the process of buying and selling assets, such as stocks, commodities, or currencies...

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Two-way price

In the complex world of finance, understanding foreign exchange market quotes is crucial. This quote is a representation of the bid and offer prices, which are the prices at...

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Buy

When engaging in financial markets, there are two main types of positions to consider: long and short. A long position refers to buying an asset with the expectation of sell...

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Sterling

It is the oldest currency in continuous use, dating back to the Anglo-Saxon era. The sterling, the currency used in Great Britain, has a rich history dating back to the Ang...

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