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Igor
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Everything posted by Igor
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The Icelandic Krona is the official currency of Iceland, given value by the region’s central bank. The Krona can be broken down into 100 aurar and can be symbolized as Kr. Traders investing in the HUF currency hold an optimistic view of the country’s market.
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Hyperinflation can occur for a variety of reasons but situations like this are generally bullish for the currency of the specific nation as it is likely to lead the central bank to raise interest rates. Increases in inflation also tend to be bullish for country.
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The Hungarian Forint is the official currency of Hungary, given value by the region’s central bank. The Forint can be broken down into 100 filler and can be symbolized as Ft. Traders investing in the HUF currency hold an optimistic view of the country.
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The Haitian Gourde is the official currency of Haiti, given value by the region’s central bank. The Gourde can be broken down into 100 centimes and can be symbolized as G.
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The Honduran Lempira is the official currency of Honduras, given value by the region’s central bank. The Dollar can be broken down into 100 centavos and can be symbolized as L. Traders investing in the HNL currency hold an optimistic view of the country.
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The Hong Kong Dollar is the official currency of Hong Kong, given value by the region’s central bank. The Hong Kong Dollar can be broken down into 100 cents, and can be symbolized as HK$.
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Historical Currency Exchange Rates tend to be the primary driver of trading bias for Chartist trading strategies, which rely on historical price patterns as a means for predicting future activity. Prices can be viewed on any time frame, with hourly and d
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Headline News stories enable fundamental traders to base trades on the events that are likely to impact the market trend for a given time period. These factors are often disregarded by Chartists in favor of historical price patterns.
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Hard Money at the government level is viewed as being one of the most stable forms of funding because of the predictable nature of government funding transactions, as opposed to private funding transactions.
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Hard Currencies are generally more stable in nature (especially during times of high market volatility) as it is expected that the central banks of these nations will be able to control economic conditions in predictable ways.
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The GYD (Guyanese Dollar) can be broken down into 100 cents and can be abbreviated as $G. The currency is marked by high levels of inflation and volatility and is not widely offered for trade by the major brokers.
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Growth Currencies tend to be used for longer term investments and trades in these currencies typically require wide stop losses, as there is often a great deal of associated volatility.
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GDP is generally measured on a quarterly and yearly basis but there are some countries that release these figures every month. GDP gives markets the broadest indication of strength or weakness for a national economy.
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An example of Grid Trading can be seen if a trader places a buying or selling orders 15 pips apart (creating a price grid) and is used because it does not rely heavily on market forecasting.
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The US Dollar is also referred to as the Greenback because all currency bills are green, and this is a general slang term used to descibe the US currency.
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The Gold Standard is the first example of a formalized currency exchange system in human history. The system was largely abandoned, however, because of the necessity for country to keep large Gold reserves in order to maintain currency values.
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Gold is generally thought of as a hedge against inflation and market instability as it is one of the most well-established ways of storing value that is not currency based.
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In one of the most famous trades in Forex history, George Soros made the equivalent of $1 billion USD in one day when he chose to bet against (short sell) the British Pound in 1992.
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For example, if a trader is long USD/JPY, the funding currency would be the JPY, as this is the currency that is being used to buy US Dollars.
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Funding Currencies are generally referred to in carry trades, where the Funding Currency has a lower interest rate and is used to pay for the currency with the higher interest rate.
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Fundamental Traders tend to differ from Chartists, who rely on technical pricing formations as a source for trading ideas. Fundamental Trades tend to have longer term time horizons for their trades.
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The Fourth Corner Exchange's recognized currency unit is the Life Dollar, which can be gained after completing social projects and exchanged for similar work efforts.
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Also known as a Future Rate Agreement, the Forward Rate Agreement helps two parties to better predict the transaction costs when forex purchases are made.
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The Forward Premium is measured by finding the differences in the values of the spot exchange rate and the forward rate.
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If points are added to the prevailing spot rate, there is said to be a forward premium. If points are subtracted, however, there is said to be a forward discount.
