Exotic currency refers to a lesser-traded currency that falls outside the category of major currencies. These currencies are not widely popular in trading activities.
Exchange rate risk entails the potential financial loss resulting from unfavorable fluctuations in exchange rates.
A platform or marketplace where various financial instruments, such as currencies, stocks, or commodities, are traded. It provides a centralized location for buyers and sellers to meet and execute transactions. Examples include stock exchanges, foreign exchange markets, and cryptocurrency exchanges.
The European Central Bank (ECB) acts as the central bank for the euro, Europe’s single currency. It is responsible for maintaining the purchasing power of the euro and ensuring price stability within the eurozone. The eurozone comprises 17 European Union and 5 non-European Union countries that have adopted the euro since 1999.
A decentralized, open-source blockchain platform that enables the creation and execution of smart contracts and decentralized applications (DApps). It has its own cryptocurrency called Ether (ETH), which is used to facilitate transactions and incentivize participants on the network. Ethereum aims to provide a platform for building decentralized applications with a focus on programmable “smart contracts.”
A technical analysis approach that attempts to predict future price movements by identifying recurring wave patterns in financial markets. It suggests that prices move in a series of alternating upward and downward waves, with specific rules governing their structure and relationships.
Economic indicators serve as measurements or data points that provide insights into the overall health of an economy. They act as indicators, influencing the valuation of assets by reflecting the country’s performance.
The time and day at which your CFD will be closed and settled automatically, i.e. the end of the contract period. If you want to extend your position you can specify that you want it to rollover. There is no expiry date/time if your position is a Rolling Contract. Most CFD contracts do not have an expiry unless designed or requested.