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coordinate economic and monetary policies. Fund, add funds quickly and securely via debit card or bank transfer. It holds regular meetings at which the US interest rate is reviewed, with minutes of the meeting released to explain the views of the committee. Maturity - Associated with fixed income markets, referring to the date at which principal or redemption payments have to be repaid to the counterparty. CME - The Chicago Mercantile Exchange, one of the largest futures and options exchanges in the world.
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ISM (Institute for Supply Management) - An American organisation comprised of supply management professionals mainly from the fx pro gold manufacturing sector which produces several American economic indicators. Eurozone - The group of countries that use the EUR. Profit Taking - The unwinding of a position to realise profits. Exotic - A less broadly traded currency. Float - A currency can have its price fully determined by market forces, known as 'free-floating' or its price can be controlled by a government/central bank, know as a 'managed float'. For example the USD-index is the a measure of the USD against a basket of 16 other currencies. Sign up for a 1 money back 1 month trial! Unconvertible Currency - A currency that cannot be exchanged for another because of foreign exchange regulations.
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