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Commodity currencies

Currencies of the countries, whose exports are mainly based on natural resources. The group may include currencies of both developing and developed countries, such as the Canadian dollar, the Australian dollar, the New Zealand dollar, the Russian ruble and others.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Commodity currencies

End of Day Order

A trade order to buy or sell but closes at the end of the trading day. Hence- End of day order. Also known as an EOD.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on End of Day Order

Dash

A type of cryptocurrency based on Bitcoin software but has anonymity features that makes it impossible to trace transactions to an individual. It was created by Evan Duffield in 2014 and was previously known as XCoin (XCO) and Darkcoin.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Dash

Commodity Channel Index (CCI)

The Commodity Channel Index is an indicator developed by Donald Lambert. Despite the original purpose of the indicator to identify new trends, nowadays it is widely used to measure the current price level in relation to its average value.

Posted byWinstone MarketJuly 20, 2020July 20, 2020Posted inForex GlossaryLeave a comment on Commodity Channel Index (CCI)

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