Cross Currency
Cross currency trading refers to forex transactions that do not include the US dollar (USD). A cross rate refers to a currency pair that excludes the US dollar. An example of a cross rate is GBP/JPY, in which the two...
Currency Swap, Currency Swaps
A currency swap is an agreement between two parties to exchange the principal loan amount and interest applicable on it in one currency with the principal and interest payments on an equal loan in another currency. These contracts are...
Cross Rate
A cross rate is the currency exchange rate expressed by a currency pair in which none of the currencies involved is the official currency of the country in which this quotation is made. For example, if the currency exchange...
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...
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...
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....
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