Trading Basics
FED
The FED is the Federal Reserve Bank and its the US’s central bank. It is a network of twelve federal banks.
Other Trading Basics
Bull Market
A Bull Market is any financial market where prices are rising or are expected to rise.
Cable
Another name for the GBP – USD exchange.
Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.
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