price of a currency pair. 6. Leverage: The ability to control a large position in the market with a relatively small amount of capital, magnifying both potential profits and losses. 7. Margin: The a...
a country's currency, as it indicates a healthy economy. Conversely, a weak GDP number can lead to a depreciation in the currency. 3. Consumer Price Index (CPI) The Consumer Price Index (CPI) measure...
reaches a specified level, known as the stop price. This type of order is used to limit losses or protect profits. 4. Stop-Loss Order: A stop-loss order is a type of stop order that is specifically u...
week, from anywhere in the world. In forex trading, currencies are quoted in pairs, such as EUR/USD or GBP/JPY. The first currency in the pair is called the base currency, while the second currency i...
the overall health of a country's economy and predict future currency movements. 2. Political stability: Political instability can have a significant impact on a country's currency. Traders monitor p...
2024-08-26 03:41:39