The increase in value of a financial instrument, position or currency.
Did you know?
The GBP/USD pair is widely referred to as “cable”. The term dates back to the 19th century, during which the exchange rate between the U.S. dollar and the British Pound was transmitted across the Atlantic via a huge cable that ran across the ocean floor and connected the two countries.
Word of the day
"Narrow Market" - Describes a situation in which a currency pair receives relatively few bid and ask offers. A Narrow Market is also known as a Thin Market.
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