Trading Basics
Euribor
Euro Inter Bank Offered Rate. This is the rate banks can borrow form one another for 3 months. Set daily the rate is used to settle and price trillions of dollars of Euro denominated debt and derivative agreements around the world.
Other Trading Basics
Balance
A summarised financial result of all funds deposited in, and withdrawn from the customer’s account, and of all closed positions in that account.
Analysts
Those that conduct analysis on markets, with the view of providing insights to market participants.
BoE Rate Decision
The Bank of England’s interest rate decision is announced following the meeting of its monetary policy committee, which meets eight times a year.
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