What is Hong Kong Dollar in Forex Trading?
The Hong Kong dollar is an official currency of Hong Kong with code HKD and sign HK$. It is further subdivided into 100 cents. The Hong Kong Monetary Authority, the Hong Kong dollar and de facto central bank for Hong Kong is the government body for issuance of currency. Under the license issued by the […]
What is Honduras lempiras in Forex Trading?
The Honduras lempira is an official currency of Honduras with currency code HNL and symbol L. It is further subdivided into 100 centavos. The currency was named in 16th century on the name of national hero and renowned folklore cacique Lempira, for leading against the Spanish conquistador force. The Cacique Lempira is also honored on […]
What is Home Loans Australia in Forex Trading?
Home loans Australia indicate the consumer confidence in accessing the loan and housing market trends in Australia. The home loans Australia is released by Australian Bureau of Statistics each month which represents the total number of home loans. It is an indicator for both, credit market and Australian housing. Home loans Australia report is released […]
What is Holder in Forex Trading?
Holder is the person who is registered owner or buyer of the security or currency and who has responsibilities, benefits and rights of ownership. It is most common trading term used in reference of the buyer of currency or security. Holder of currency before holding the currency get appropriate information from financial market in order […]
What is HODL in Forex Trading?
HODL or hodl is term used in community of cryptocurrency for holding the currency rather than selling it. The term HODL is misspelling of word “hold” firstly used by a person known as Hodler. It was originated in December 2013 by a person named Hodler who posted in bitcoin forum with subject “I AM HODLING”. […]
What is IFO Business Climate Index in Forex Trading?
The IFO business climate index is highly regarded economic indicator that measures the current business condition of German firm’s including wholesale, retail, construction and manufacturing industries. It also measures business expectations for next six months. The IFO business climate index is based on survey of 7000 firms, asking them different question about their current business […]