Banking

23 November 2010

Currency Trading, Online Currency Trading

Currency trading is the process of trading (buying or selling) one currency against another with the aim of earning a profit. Online currency trading uses internet trading tools to carry out currency trades. Currencies are traded on the foreign exchange...

23 November 2010

Currency Pair, Currency Pairs

Forex trading involves the simultaneous buying of one currency and selling another. The currencies involved in a single trade form a currency pair. The first currency quoted in a currency pair is called the base currency, while the second currency...

23 November 2010

Currency Symbols, Money Symbols

Currency symbols are graphical signs that represent a particular country’s currency. For instance, the currency symbol for the euro is € and that for the US dollar is $. Currency symbols are used to replace currency names or currency codes....

23 November 2010

US Dollar Converter, US Dollar Conversion

The US dollar converter is a ‘conversion’ tool which instantly converts the value of a specific domestic currency into US Dollars and vice versa. Such conversions are based on current exchange rates. The US Dollar converters are primarily used by...

23 November 2010

Currency Charts, Currency Graphs

Currency charts (or forex charts) depict the behavior of various currency pairs. Typical currency charts include intraday charts, that plot minute-by-minute changes; daily charts, that show closing values at the end of each trading day; and long term charts that...

23 November 2010

Carry Trade

When referring to an asset, the term “carry” means the return received (if positive) or cost incurred (if negative)of holding the asset. A carry trade is a currency trade in which low-yielding currencies are borrowed and high-yielding currencies are lent....