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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.

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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European Terms

On the other hand, American terms are a foreign currency exchange quotation in terms of the amount of U.S. dollars needed to buy one unit of the foreign currency. When disc...

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Closing market rate

In the world of finance, we often come across the term "end of day close." This refers to the process of closing a position at the market price that is prevalent at the end ...

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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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