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.
A cryptocurrency exchange is a dedicated online platform created to exchange both digital currency and real (fiat) currency.
A Consumer Price Index is a statistical estimate of the current level of inflation. This indicator is one of the most “mobile” ones and as such it often distorts real information. However, it affects the entire trading process by influencing not only Forex but also the bond market and other stock structures. Information about this index is published in several countries.
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