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forextrading-170418065026.pdf
1.
Essential Forex Trading Terminologies
2.
Refers to the
global market where one currency is traded for another. Foreign Exchange
3.
Also refers as
foreign exchange which can be any other currency like for China it is Euro, Yen, Pound etc. Foreign Currency
4.
London, New York,
Tokyo and Singapore Largest Markets
5.
Biggest market, and
its average daily turnover in global foreign exchange market is over $5 trillion Market Size
6.
Consumers and Travelers,
Investors, Commercial and investment banks, Governments and central banks. Participants
7.
Refers to the
current price of one currency in terms of the other currency Exchange rate
8.
The reserves of
other countries’ currencies. Foreign Exchange Reserves
9.
is the one
which is used as base to quote a pair like in MYR/USD. The MYR is the base currency. Base Currency
10.
The smallest possible
change in pair currency PIP
11.
Difference between ASK
and BID Spread
12.
The loan provided
by the broker to invest. Leverage
13.
Buying and selling
of securities for one day on the basis of short-term investment. Day Trading
14.
Or fluctuating exchange
rate is the type in which the currency value is freely fluctuating in the foreign exchange market. Float Rate
15.
In fixed exchange
rate the government make currency rate stable against a specific currency. Fixed Exchange Rate
16.
Fixed currency rate
by the government as the official rate. Pegged Float Rate
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