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Random article: Forex Currency Pair | Key Forex Terms
International exchange market (Currency exchange) — is the exchange, where operations on purchase and sale of currency take place between participants of the Forex market; Currency operations – contracts of participants of currency market on purchase and sale and settlement, conversion operations etc.; Currency rate (currency quote) — the price of currency unit of one country expressed in currency unit of another country. Open position – is the trade for purchase/sale, which is not closed and is present on market.
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Popular article: Building Permits Report
This fundamental indicator of the USA slightly influences on the Forex market and is seasonal, however it can serve as supplementary. Macroeconomic index Building permits is collected on the basis of data from 19 000 enterprises issuing those permits. Basically this indicator is anticipating, because it preliminarily shows solvency of people. In addition, the number of permits allows judging about forthcoming unemployment level. If there are more permits than for the previous period, this economic sector will need employees, therefore, unemployment level can drop down.
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Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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