What is Mauritania Ouguiyas in Forex Trading?
The ouguiya or ougiya is an official currency of Mauritania with currency code MRU and symbol UM. It is subdivided into 5 khoums. The current new ouguiya was introduced by replacing the old ouguiya in 1918. The name ouguiya is an Arabic word which means, ounce. The first series of Mauritania ouguiyas coins were introduced […]
What is Maturity in Forex Trading?
Maturity is the date on which life of financial instrument or transaction come to an end, after which it will cease to exist or must be renewed. The word is usually used for foreign exchange spot, deposits, interest rates, forward transactions, options, bonds and commodity swaps. Some instruments like loans and deposits require repayments of […]
Who is Masaaki Shirakawa?
Masaaki Shirakawa is Japanese central banker and economist born on 27th September 1949 in Fukuoka. He graduated from high school in Kokura. He earned BA degree from University of Tokyo in 1972. Later in 1977, he earned degree in M.A. Economics from University of Chicago. In 1972, Masaaki Shirakawa joined Bank of Japan. His career […]
What is Marubozu in Forex Trading?
It is long body single Japanese candlestick used in technical analysis of stock, commodity or security to indicate that it has traded powerfully in one trend throughout the session. Marubozu is Japanese word which means shaved head or bald head, reflected in candle shape, because it has no upper or lower wick. Marubozu candle can […]
What is Market in Forex Trading?
In financial world, a market has several meanings. Usually market refer to varieties of institutions, systems, procedures, infrastructure and social relations where parties engage in exchange of goods and services. Market greatly rely on two parties, the buyer and seller, the seller offer goods and services to buyer in exchange of money. We can said […]
What is Market Risk in Forex Trading?
It is the possibility of investor’s losses in position due to change in market price. Factors such as political turmoil, recession, natural disaster, change in interest rates and terrorist attacks affect the overall enactment of financial market in which investors and traders are involved. The market risk is also called systematic risk which only can […]