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The price of one currency in terms of another currency.
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Related Terms
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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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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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A forward contract is a non-standardized contract between two parties, who enter into an agreement to...
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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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Forward guidance is a tool used by a central bank to try and influence market expectations of future levels...
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