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Currency

Forward rates or forward price

Let's delve into the concept of net price, which is derived from the calculation of forward points and the subsequent deduction from the current spot rate. Essentially, this rate reflects the value at which a currency can be bought or sold for future delivery. It is a crucial aspect of financial markets, and understanding its intricacies is essential for any finance enthusiast.

Chartist

A chartist is an individual who uses technical analysis to analyze past price movements in order to predict future prices. This approach involves studying various chart patt...

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Market close

Market close, also known as close of business, marks the end of trading for the day. In the dynamic world of foreign exchange, the market operates 24 hours a day with no off...

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Balance

The financial outcome of all finalized transactions within a trading account is known as the trading account's financial result. This is a crucial aspect of financial analys...

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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 te...

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