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ISCTE Business School

This post is just to let you know what ISCTE is doing in Portugal. Read more about ISCTE Business School at ZeCifrao.com

What is Carry Trade?

You probably know that each different county sustains different monetary policies depending on their respective economies’ best interests, inflation perspectives, economic cycle, etc. I don’t want to get down into a full blown out course about macroeconomics here, so let’s just state that different countries carry different interest rates.
Well, Forex is nothing but the currency [...]

Spot Market and Currencies Traded

What is a Spot Market?
A spot market is any market that deals in the current price of a financial instrument.
Which Currencies Are Traded?
The most popular currencies along with their symbols are shown below:

Symbol
Country
Currency
Nickname

USD
United States
Dollar
Buck

EUR
Euro members
Euro
Fiber

JPY
Japan
Yen
Yen

GBP
Great Britain
Pound
Cable

CHF
Switzerland
Franc
Swissy

CAD
Canada
Dollar
Loonie

AUD
Australia
Dollar
Aussie

NZD
New Zealand
Dollar
Kiwi

Forex currency symbols are always three letters, where the first two letters identify the name of the country and [...]

What is traded on the Foreign Exchange?

The simple answer is money. Forex trading is the simultaneous buying of one currency and the selling of another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the Euro dollar and the US dollar (EUR/USD) or the British pound and the Japanese Yen (GBP/JPY). Because you’re not [...]

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