The speculative investment from one economy into another with the aim of profiting from higher interest rates.
Did you know?
U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.
Word of the day
"Doji" - A candlestick with no real body that indicates market indecision and trend reversal.
Most market activity occurs when at least two market centres are open at the same time.