|February 17, 2020|
The percentage value at which the Central Bank of a given country provides credit resources to commercial banks. Increase or decrease in this indicator allows to adjust the economic conditions, including influencing the national currency rate.
The term is derived from the Latin “divergere” which means to detect a discrepancy. In forex, a divergence usually means a warning given by a MACD indicator signaling a change in the existing trend to the opposite one.
1. Establishing the rate of foreign currency or securities in the course of trading.
2. The highest price offered for a security by the buyer, and the lowest price at which the seller is willing to sell it at any current moment.
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