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What is Commodity Currency? A commodity currency is a currency from countries with large amounts of commodity reserves such as Canadian CAD, Australian AUD, and New Zealand NZD. Commodity currency...
Forex vs. Stocks - the difference between forex and stocks The main difference between forex and stocks is that the forex market has high liquidity(large size around $6 Trillion per day), the...
Do you want to start trading? If yes, then one of the first things you should learn is reading a forex quote. However, it is straightforward, but still, some people don’t know how to do it. So if...
Calculating the forex spread for a currency deal The foreign exchange (abbreviated as forex) market is the largest financial market, and there are many companies, traders, and dealers who are...
Companies and investors face different kinds of risks that affect their profit or returns on their investment. What is the systematic risk? Systematic risk is the risk caused due to...
Bid and ask meaning in forex Bid and ask price represent the best price at which a security can be sold and/or bought at the current time. In simple words, the "bid" price is for the buying side,...