The currency of a country with important natural resources.
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If overwhelmed by pessimism and falling prices, the FX market is defined as “bearish”, while if characterised by optimism and rising prices, it is called “bullish”. These two terms derive from the way in which bears and bulls attack their opponents, with the former swiping its paws downwards and the latter thrusting its horns upwards.
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"Exchange" - An actual physical location for the trade of commodities and financial instruments.
Pips are important because they determine your profits or losses.
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