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Currency

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 Anglo-Saxon era. It is the oldest currency in continuous use and is widely recognized for its stability and resilience. As a knowledgeable professor of finance, I encourage you to explore the fascinating world of the sterling and its role in the global economy. Let's dive in!

Pending order

A limit order is a request made by a client to initiate a trade when the market price reaches a specified level. This allows the client to control their entry point and pote...

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Price

The purchase or sale rate of the underlying currency is known as the strike price. This is the agreed upon price at which the currency can be bought or sold. It serves as a ...

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Dollar rate

This rate is constantly changing and can have a significant impact on international trade and investments. The exchange rate is a crucial concept in the world of finance. It...

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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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