Trader's Glossary

Reserve Currency

Currency held by central and commercial banks to service debts, purchase commodities and influence exchange rates.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Industrial Production" - An economic indicator that considers manufacturing, mining and utilities in a country or economic region and reports on the total value of the region’s industrial output.
Pro Tip

Never open a trading account with a non-regulated broker.

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