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  2. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

  3. Market data - Wikipedia

    en.wikipedia.org/wiki/Market_data

    While price data generally originates from the exchanges, reference data generally originates from the issuer. Before investors and traders receive price or updated reference data, financial data vendors may reformat, organize, and attempt to correct obvious outliers due to data feed or other real-time collection based errors. [3]

  4. Candlestick chart - Wikipedia

    en.wikipedia.org/wiki/Candlestick_chart

    The area between the open and the close is called the real body, price excursions above and below the real body are shadows (also called wicks). Wicks illustrate the highest and lowest traded prices of an asset during the time interval represented. The body illustrates the opening and closing trades.

  5. Best forex brokers in April 2024 - AOL

    www.aol.com/finance/best-forex-brokers-november...

    Forex traders won’t be disappointed by the advanced trading tools available as well as real-time quotes from many of the world’s largest forex dealing banks.

  6. Interbank foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Interbank_foreign_exchange...

    Major banks handle very large forex transactions, often in billions of units. [1] These transactions cause the primary movement of currency prices in the short term. Other factors contribute to currency exchange rates: these include forex transactions made by smaller banks, hedge funds, companies, forex brokers and traders. Companies are ...

  7. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The real exchange rate (RER) is the purchasing power of a currency relative to another at current exchange rates and prices. It is the ratio of the number of units of a given country's currency necessary to buy a market basket of goods in the other country, after acquiring the other country's currency in the foreign exchange market, to the ...

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