Trading Basics
FOMC
The Federal Open Market Committee is the branch of the Federal Reserve bank in charge of monetary policy decisions.
Other Trading Basics
Available Margin
The amount of margin a trader has available to trade with.
This is account balance minus margin used on open positions.
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
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Learn the skills needed to trade the markets on our Trading for Beginners course.
