3X Inverse Gold ETN Velocityshares
|February 17, 2020|
The ratio between two currencies determined on the basis of the exchange rate of these currencies in relation to a third currency; carried out mainly in relation to the US dollar. When trading with cross rates, one needs to use the fundamental analysis of world markets, as well as the indicators of the US, Europe and Asia financial markets.
1/100 of a percent. It is widely used while describing the rate of interest for bond certificates of loans. For instance, a change of 10 basis points means that the interest rate gains or looses 0.1%.
Excess budget expenditure over income. It may occur due to an increase in government spending, a reduction in budget revenues due to emergency situations, the inefficiency of the state system and the tax system, and/or corruption.
The budget deficit is considered to be a negative phenomenon as it leads to inflation and a decrease in the value of the national currency.
|By clicking "Continue" you will be redirected to the website operated by FIBO Group Holdings Limited, a company registered in Cyprus and regulated by CySEC. Please familiarize yourself with the Terms of Business through the link. Click "Cancel" to remain on this page.|