CURRENCY PAIR
Quotation and pricing structure of two currencies in a foreign exchange market. One currency is compared to another to get their value. In a currency pair, the first one is the base currency while the second one is the quote currency. The pair shows the amount of the quote currency needed to purchase one unit of the base currency.
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Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legisl ...
Worldwide Coverage
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Third-Party Verification - TPV
Process in which an independent organization evaluates the client’s information to ensure its accuracy and intent. This is often used in tran ...
Bullish Abandoned Baby
Candlestick pattern signalling a reversal in the present trend. Used by traders, it is formed by three unique candlesticks showing the following ch ...
Confluence
Combining two or more techniques and ideas into one complete strategy. It occurs when two different ideas or strategies are used together to come u ...
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