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Currency

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 equivalent to .0001. This may seem insignificant, but in the world of finance, even the slightest change can have a significant impact. To truly understand the intricacies of currency trading, it is important to grasp the concept of PIPS and their role in determining currency prices.

EUR

The Euro, which is the official currency of the Eurozone, is denoted by the symbol €. This currency symbol is derived from the Greek letter epsilon (ε) with two parallel hor...

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Overnight

An open position refers to a trade that has not yet been settled and is carried over to the next day. This can occur when a trade is initiated towards the end of the trading...

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Currency Risk

This is commonly referred to as exchange rate risk. Foreign exchange rates are constantly changing, which can lead to potential losses for investors. This is known as exchan...

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X

Let's dive into the world of finance and explore the intricacies of Nasdaq stock symbols. These symbols are used to identify mutual funds, which are investment vehicles that...

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