The allotting of premiums and bonuses on forward exchange transactions that are directly related to deposit swap orders, over the session of every deal.
This is an authorized activity usually warranted by an alteration in the internal economic procedure to fix a payment imbalance or in the sanctioned forex rate.
Investors and or price are behaving with conviction.
A financial expert who is experienced in assessing investments and lays down buy, sell, close and hold advice for clients.
A financial instrument is said to appreciate when it steps up in price in view of the prevailing demand in the market.
The concurrent buying or selling of a financial asset in a view to make profit of marginal price differentials between.
Asian central banks
This is the apex banks in Asia or the region’s monetary bodies. They have continued to enhance their activities in the major currencies and as such aided in their rapid control of the pools of forex reserves emanating from trade excesses.
23:00 – 08:00 (Tokyo).
Ask (offer) price
The charge at which an asset will sell in the market and can be quoted in two-ways, namely:
Bid/Ask. The Offer can also be used in place of the Ask price.
In the forex market, the Ask depicts the price an investor is willing to buy the base currency, which is place on the left in a forex pair. If we have a quote EUR/USD 1.3066/68, the base currency here is the Euro, and the Ask price is 1.3068, which implies that one can buy one Euro for 1.3068 United States dollars.
The AUS 200 is what investors call the index of the top 200 firms by market Cap on the Australian Stock Exchange.
This is the order passed on to a dealer to buy or sell at the most suitable rate that can be gotten.
A term used to describe the AUD/USD pair, it can also be referred to as the ‘Oz’ or ‘Ozzie’.