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What is the term for the decentralized market where currencies are traded?
Foreign Exchange Market
What is the definition of Dollar ETF?
ETF is an acronym which stands for Exchange Traded Fund. Dollar ETF's involve the prices of different nationalities' currencies and the trading of these currencies to make a profit.
What is the ratio of 98 cents for 3 pounds?
I am not aware of a pound having cents as subunits. If the two measures are from different currencies then an exchange rate is also required.
What is the meaning of The Crossing?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
What is the meaning of cross currency?
A pair of currencies traded in the foreign exchange market (forex) that does NOT include the US dollar.
Which currencies are traded in the forex services market?
The Forex services market trades a range of currencies from many different countries of the world. Forex is used mainly by large international banks, who both buy and sell.
What is meant by rate?
Rate means (1) value, (2) fixed price, (3) the ratio or amount of one thing compared to something else, as in the exchange rate of two currencies.
Is the Japanese yen a hard currency?
Yes, JPY is a hard currency. Its a 3 most traded currency(1st one is US Dollar) by value in the world, it has 19% daily share in traded currencies.
How much is one currency?
There is no price for one currency. Currencies are traded in pairs and the price is for one currency in terms of the other currency.
When did China cease to have two currencies?
1996
What is the term of the decentralized market where currencies are traded?
The term for the decentralized market where currencies are traded is the "foreign exchange market," commonly referred to as Forex. In this market, currencies are bought and sold directly between participants, such as banks, financial institutions, and individual traders, without a central exchange. Forex operates 24 hours a day, allowing for global trading across different time zones. It is characterized by high liquidity and volatility, driven by various economic factors and geopolitical events.
Why bonds are trading in market?
The bonds are traded in the market because of the P/E ratio of a company.
