Answer: U.S. Stocks rally on Fed’s Surprise reduction of Interest Rate.
A currency pair is the dyadic quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency quote currency or currency and the currency that is quoted in relation is called the base currency or transaction currency .. Currency pairs are generally written by …
A currency in the most specific sense is money in any form when in use or circulation as a medium of exchange especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use especially for people in a nation. Under this definition U.S. dollars (US$) euros (€) Japanese yen (¥) and pounds sterling (£) are …
The foreign exchange market (Forex FX or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.This market determines foreign exchange rates for every currency . It includes all aspects of buying selling and exchanging currencies at current or determined prices. In terms of trading volume it is by far the largest market in the world …
Markets trades foreign exchange books exposures and many other features of the foreign exchange market are frequently organised by these currency pairs . — Preceding unsigned comment added by 119.63.219.74 01:37 2 October 2015 (UTC) – The first sentence could be better. ” A currency pair is the quotation of the relative value of a currency …
A commodity currency is a currency that co-moves with the world prices of primary commodity products due to these countries’ heavy dependency on the export of certain raw materials for income. Commodity currencies are most prevalent in developing countries (eg. Burundi Tanzania Papua New Guinea).In the foreign exchange ma…