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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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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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Currency trading, forex trading, or foreign exchange trading is the buying and selling of currencies on the...
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Secured Overnight Financing Rate (SOFR) is the secured overnight funding rate in USD. It is a rate...
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A floating exchange rate refers to currencies that are allowed to change freely, as influenced by an open...
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