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Currency

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 which buyers and sellers are willing to trade a currency. The bid is the price at which a buyer is willing to purchase the currency, while the offer is the price at which a seller is willing to sell. Knowing these terms will help you navigate the exciting world of foreign exchange trading.

Closing a position

Foreign exchange transactions involve buying and selling currency. When a position is closed, it means that the trade has been completed and the currency has been exchanged....

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U.S. Treasury

These are considered to be some of the safest investments available, as they are backed by the full faith and credit of the U.S. government. Treasury bonds have a maturity of...

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Cross-rate

Let's delve into the concept of cross-currency exchange rates. This refers to the value of one currency in terms of another, when neither of the currencies involved is the U...

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Yard

In the world of finance, there exists a term that refers to one billion units of currency - "B". This slang word is commonly used in the currency industry, and is derived fr...

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