MANAGED CURRENCY
A currency whose exchange rate is affected by the intervention of a central bank. It is unlike a currency that is determined by the free-market forces of supply and demand in the world market. Virtually speaking, no currencies fall into the latter category. Majority of major world currencies are managed at some point because of the purchasing and selling of these currencies by the central banks of several countries. This is done to stabilize markets and affect their own monetary policies.
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Defined-Contribution Plan
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Unscheduled Recast
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Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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03:30 | NAB Business Confidence | Apr | |
05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
09:00 | SECO Consumer Confidence | Apr | |
14:30 | Building Permits | Mar | |
18:45 | SNB Chairman Thomas Jordan Speaks | ||
00:45 | Visitor Arrivals | Mar | |
01:50 | Domestic Corporate Goods Price Index | Apr | |
08:00 | Claimant Count Change | Apr | |
08:00 | Average Earnings Index | Mar |