1. The lowest level of the price, economic activity in the economic cycle. As a rule, this is the period of time for which this indicator is recorded: a quarter, a year, a decade, or the entire duration of the existence of the given financial instrument.
2. Price of the support in technical analysis. Often used to establish the time of purchase of a financial asset when transactions are conducted within a single trading day (scalping).
This index shows the ratio of the US dollar to a basket of six major currencies: Euro (EUR), Yen (JPY), Pound sterling (GBP), Canadian dollar (CAD), Swedish krona (SEK), and Swiss franc (CHF), whith the Euro having the largest weight of 57.6%. Currently being calculated and traded on ICE (Intercontinental Exchange, Inc.).
A transfer of liquidity from a current contract that is approaching the expiration date to the next contract, for example, for CFD. In addition, this term is used to indicate the transfer of an open contract to the next business day.
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