Meaning, Pros and Cons, Examples
What Is a Yen ETF? The term yen ETF refers to an exchange-traded fund (ETF) that tracks the relative value...
Investing in Currencies
What Is the U.S. Dollar Index (USDX) and How to Trade It
What Is the U.S. Dollar Index (USDX)? The U.S. dollar index (USDX) is a measure of the value of the...
5 Ways to Invest in Currencies
The foreign exchange market, or forex, is where the world's currencies are traded 24 hours a day. For some, it's...
What Drives the Price of Gold?
Gold is highly sought after, not just for investment purposes and to make jewelry but also for use in the...
The National Currency of the Sultanate of Oman
What Is the Oman Rial (OMR)? OMR is the currency code for the Omani rial. The OMR is the national currency...
EUR/USD (Euro/U.S. Dollar) Definition and History
What Is the Currency Pair: EUR/USD (Euro/U.S. Dollar)? The Currency Pair EUR/USD is the shortened term for the euro against...
What Is an Indirect Quote? Definition and vs. Direct Quote
What Is an Indirect Quote? The term “indirect quote” is a currency quotation in the foreign exchange market that expresses the...
What They Are, Why Countries Hold Them
What Are Foreign Exchange Reserves? Foreign exchange reserves are assets that are denominated in a foreign currency held by a...
What it is, History, Investor Interest
What Is AUD? AUD is the abbreviation for the Australian dollar. In the international currency market, the Australian dollar is...
Why Governments Seek to Eliminate Cash
Why Eliminate Cash? Cash can be used in criminal activities such as money laundering and tax evasion because it is...
