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Currency

New York Stock Exchange(NYSE)

The New York Stock Exchange, commonly known as NYSE, is a prominent stock exchange in the United States. It was established in May 1792 and is home to the popular Dow Jones index as well as the NYSE Composite index. These indices are important indicators of the overall performance of the stock market and are closely monitored by investors and analysts alike. As a finance professor, I believe it is vital to understand the significance of NYSE in the world of finance.

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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Bretton Woods Agreement

In 1944, the founding members of the United Nations signed a treaty that established fixed exchange rates for major currencies. This gave central banks the authority to inte...

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Buy on margin

In financial terms, margin buying is the act of purchasing a currency pair by paying a portion of the total value upfront. This term specifically refers to the amount of mon...

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USD

The US Dollar is represented by the currency symbol $. This symbol is used to denote the value of the American currency in international financial transactions. It is a wide...

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