Cable: A slang for GBP/USD currency pair in the
financial markets.
Carry Trade: A strategy in which investors sell a currency that has low interest rate and use the funds to buy a currency that has relatively higher interest rate. The investors make profits from the difference between the interest rates.
Carry Trade: A strategy in which investors sell a currency that has low interest rate and use the funds to buy a currency that has relatively higher interest rate. The investors make profits from the difference between the interest rates.
CHF: Currency code for Swiss franc.
Commission: Charges assessed by a broker for for services such as
providing investment advice, securities transactions etc.
Conversion Rate: It is the price of a currency in terms of another currency. It is also called Exchange Rate.
Counter currency: This is the second currency in the currency pair. It is also called quote currency.
Currency Options: Currency options grant the holder right but not the obligation to buy or sell the currency during a specified period of time in future at a specified exchange rate. To get this right a premium is to be paid to the writer (seller) of the option. Currency options are one of the best ways to hedge risk against the adverse movements in the exchange rate.
Currency Pair: Value of a currency is determined by comparing it with another currency. A currency pair contains two currencies. The first currency is called the "base currency" and the second is called "quote currency". The currency pair represents that how much quote currency is required to purchase one unit of the base currency.