Trading Basics
BoJ
Bank of Japan.
Other Trading Basics
Basis Point
A basis point is 0.01% and is typically used when quoting interest rate changes.
A move of 0.25% is described as 25 basis points.
Currency Futures
A future is an agreement to buy or sell something at future point in time. A currency future is when that agreement is on an FX market.
Commodities
A commodity is a basic good where the quality of the product won’t differ depending on where it’s sourced.
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