Meaning, How It Happens, Example
What Is a Rollover Credit? A rollover credit is a net payment of interest received by a forex trader who holds a...
Investing in Currencies
What it is, How it Works, Examples
What Is the Tobin Tax? The Tobin tax is a tax levied on spot currency conversions, with the intention of...
What It Is, How It Works, and How It Relates to Money
What Is Currency? Currency is a medium of exchange for goods and services. In general, it's money in the form...
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...
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...
