ADJUSTABLE PEG
A policy in exchange rate which is adopted by some countries in which the national currency is largely fixed or pegged to a major currency such as euro or U.S. dollar, but is still subject for readjustment from time to time within a constricted interval. The intention of periodical adjustments are usually towards the improvement of the competitive position of a country in the export market.
POPULAR TERMS
BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
SOS
SOS is the abbreviation for the currency in the Republic of Somaliland that is the Somaliland shilling.
Delinquent
Term when someone can’t accomplish the payment that is required by law or in duty or in simple words, failure to make payments on time. A del ...
Overnight Position
A trading position that is not closed at the end of the trading day and is held overnight. In trading securities, overnight positions expose invest ...
Expunge
Action destroying any AUTEX indication record. Removing an indication will permanently delete a trail of an investor’s advertisement for a bl ...
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SEE FOREX TUTORIAL
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
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Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
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