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What is a currency pair

In the world of forex trading, a currency pair is the combination of two different currencies that are traded against each other. When a...

What is the foreign exchange market

The foreign exchange market, also known as the forex market, is a decentralized market where currencies are bought and sold. It is the largest...

What is spread in forex

The foreign exchange market, also known as the forex market, is the largest and most liquid market in the world. It involves the exchange...

What does Pip in forex stand for

If you are new to the forex market, you may have heard the term "pip" mentioned frequently. Pip is one of the most important...

What is pips trading

Pip trading, also known as forex trading or currency trading, is the buying and selling of currency pairs to generate profits based on the...

What is Pips in forex

When trading in the foreign exchange (forex) market, one of the terms that you may come across is "pips." Pips are a fundamental concept...

What is CFD?

CFD, or Contract for Difference, is a popular derivative trading instrument used in the foreign exchange (forex) market. CFD trading allows traders to speculate...

What is foreign exchange quotation

The "foreign exchange quote" is the "ratio" of two currencies.Say "foreign exchange quotes" and people think of sets of "currency pairs", such as "euro/dollar"...

What is the unit of account for foreign exchange

The point or basis point (PIP) is the important unit of account for a quote, with 1 point being 1% of the minimum unit...

The European Central Bank raises interest rates by the most, but it does not bring an effective boost to the euro

In European trading on Tuesday (September 13), EUR/USD rose, temporarily reporting 1.0147, or 0.26%. The European Central Bank recently announced that it will raise...

How much is $75 AUD to USD? | Convert AUD to USD today

Australian dollar(AUD) The Australian dollar (AUD) is the currency of Australia and its certain territories of Christmas Island, Cocos (Keeling) Islands, Norfolk Island. It is...

70 AUD/USD | Convert 70 Australian dollar (AUD) to dollar (USD) today

Australian dollar(AUD) The Australian dollar (AUD) is the currency of Australia and its certain territories of Christmas Island, Cocos (Keeling) Islands, Norfolk Island. It is...

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