INDIRECT QUOTE
Rate of a foreign currency pair per unit of the domestic currency. Also called quantity quotation, it denotes the number of foreign currency needed to buy units of the domestic currency. In indirect quote, the base currency is the domestic currency while the counter currency is the foreign currency. Opposite of direct quote or price quotation.
POPULAR TERMS
Sergey Brin
Sergey Brin is the co-founder of the web giant Google along with Larry Page. Sergey was born in Moscow Russia on 1973. At the age of six, he and hi ...
Same-Day Funds
Same-Day Funds is money that can be withdrawn or transferred on the same day that it is deposited.
Food And Agriculture Organization - FAO
An agency in the United States that works to defeat hunger through helping developing countries to modernize and improve agriculture, fisheries, an ...
At The Money
A circumstance wherein the strike price of an option is identical to the underlying security's price. Both put and call options will be simulta ...
Tax Bracket
Rate at which an individual is taxed, which is set according to income levels. Taxpayers with lower income pay lower tax rates than individuals wit ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:00 | MI Inflation Gauge | Jan | |
02:30 | Retail Sales | Dec | |
09:00 | Factory Orders | Dec | |
11:30 | Construction PMI | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
12:00 | Retail Sales | Dec | |
17:00 | Ivey Purchasing Managers Index | Jan | |
21:00 | Loan Officer Survey | ||
01:30 | Average Cash Earnings | Dec |