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Balance of Trade – The value of a country’s exports minus its imports. Bar Chart – A type of chart which consists of four significant points: the high and the low prices, which form the vertical bar, the opening price, which is marked with a little horizontal line to the left of the bar, and [...]
A Accrual – The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals , over the period of each deal. Adjustment – Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. Adjustment [...]
Definition: Currency Name: Canadian Dollar Currency Country: Canada Currency Symbol: CAD Exchange: Interbank Quote Style: USD/CAD 1.03 Nickname: Loonie Correlations: The Canadian Dollar beats to it’s own drum Best Trading Times: The best trading time for the CAD is during the New York Trading session in the US. That would be 7AM to 4PM Eastern [...]
Definition: Currency Name: Australian Dollar Currency Country: Australia Currency Symbol: AUD Exchange: Interbank Quote Style: AUD/USD 0.7988 Correlations: The Australian Dollar and the New Zealand Dollar are fairly correlated. You can trade the difference between them by trading the AUD/NZD currency pair. Best Trading Times: There are very few news announcements that cause big waves [...]