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See this at: economywatch.com| Added on 06/19/09

Cross currency trading refers to forex transactions that do not include the US dollar (USD). A cross rate refers to a currency pair that excludes the US dollar.

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See this at: economywatch.com| Added on 06/19/09

When referring to an asset, the term “carry” means the return received (if positive) or cost incurred (if negative) of holding the asset. A carry trade is a currency trade in which low-yielding currencies are borrowed and high-yielding currencies are... See more more

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See this at: economywatch.com| Added on 06/19/09

Fixed deposit accounts allow account holders to deposit money for a fixed period of time. The time period can range from 15 days to as long as five years. During this period, the bank keeps adding a certain fixed amount to the fixed deposit as... See more more

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See this at: economywatch.com| Added on 06/19/09

A current account is a financial account with a bank or a financial institution. It enables account holders to make or receive an unlimited number of payments as frequently as they wish.

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See this at: economywatch.com| Added on 06/19/09

A forex system, or forex trading system, is a strategy or method devised by an experienced forex trader/broker to generate maximum profits. These systems help investors identify trading opportunities in the forex market, resulting in huge profits.

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