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
Candlestick Chart
A type of chart using a security’s opening, closing, high and low price for a particular period.
Brexit
The process of the United Kingdom (UK) leaving the European Union (EU) – it is a combination of ‘British’ and ‘exit’.
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