Trader's Glossary

Major Currency

Each of the seven most frequently traded and most liquid currencies. These are the U.S. dollar (USD), the Euro (EUR), the Japanese yen (JPY), the British pound (GBP), the Swiss franc (CHF), the Canadian dollar (CAD), and the New Zealand dollar(NZD).
Did you know?

Many consider the year 1880 A.D. to mark the beginning of modern foreign exchange. The reason for this is that it was during this year that the gold standard was first introduced.

Word of the day
"Lagging Indicator" - A technical indicator that shows changes in the economy after they have occurred.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.

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