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Definition
Parity occurs in the Forex market when two currencies are of equal value. The exchange rate is equal to 1.
Parity
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Common Trading Terms
Related Terms
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The interest rate parity theory helps describe the relationship between foreign exchange rates and interest...
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Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
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The total value of goods and services produced within the borders of the United States, regardless of who...
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The Purchasing Power Parity (PPP) is a theory that states that the foreign exchange rate between two...
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