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Random article: Jamaican currency system and money exchange rates. Forex rates, fx rates
On August 15, 1971, the United States of America unilaterally declared of canceling of direct convertibility of its national currency to gold. It finished an epoch of Bretton Woods currency system, US dollar rate started floating and gold turned into independent asset. This event is known in the history as Nixon Shock, because despite of being long-expected, it was a total shock for the most part of countries. The world required several years from then on to develop and launch new rules for international trading.
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Popular article: Forex drawdown
Forex drawdown is a decrease of an investment capital which happens as the result of multiple losing positions. These trades may alternate with profitable ones. The definition of drawdown is termed numerically as the difference between the peak and the trough of the curve of capital.
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Rate of Change (ROC)
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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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