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Forexpedia

Are you new to forex trading and not familiar with all the trading jargon? Have no fear. Forexpedia, the original online forex glossary, is here!

Term of the Day

Petrocurrency

A petrocurrency is a currency of an oil-producing country whose oil exports as a share of total exports are sufficiently large enough that the currency’s value rises and falls along with the price of oil. In other words, a petrocurrency appreciates when the oil price rises and depreciates when the oil price falls. Given such […]

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Topic of the Day

Risk Management

Risk management refers to the process of identifying, assessing, and mitigating potential risks associated with trading and investing in financial markets. It involves a set of strategies,...

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