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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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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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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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Forward guidance is a tool used by a central bank to try and influence market expectations of future levels...
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EUR & CHF were big net winners this week, likely benefitting from counter currency flows & better-than-expected business sentiment data from Europe earlier in the week.
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EUR & CHF Weekly Review (Jan. 4 – 8)
Mixed week for the euro as traders priced in record cases, extended lockdowns & disappointing economic news from Europe over positive vaccine news.
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AUD Weekly Review (Feb. 1 – 5)
The Aussie dollar takes the top spot this week despite a bearish reaction to a surprise move from the Reserve Bank of Australia.
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Weekly Forex Market Recap: Aug. 9 – 13
In a relatively quiet week, it looks like there was enough news to push the comdolls into the lead while the Swiss franc takes the ‘biggest loser’ honors into the weekend.
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