An interest rate is the percentage of the principal loan that borrows pay to lenders for borrowing assets.
An interest rate is basically the cost for leasing cash, goods or assets like automobiles. Depending on the risk associated with the borrower, the interest rate could be low or high. Interest rates are often use to control economic activities, such as inflation and unemployment. Central banks lower the interest rate level when investment and consumption is desired, and raise to avoid economic bubbles. In the forex market, some traders use a strategy that involves selling currencies with low interest rates and buy currencies with high interest rates.
The Toronto Stock Exchange (TSX) is Canada's largest and oldest equities trading and capital raising market. The TSX is part of TMX Group, which is a publicly traded company that operates several Canadian markets and clearinghouses for equities, cash, derivatives, fixed income and energy. The TSX dates back to 1852, when it was an association of 12 Canadian businessmen. The exchange was formally founded on 25 October 1861, when 18 stocks could be traded. In 1977 it became the world's first stock exchange to introduce computer-assisted trading. In the late 1990s it became the first exchange to introduce decimal trading…
Achieving success in the foreign exchange (forex) marketplace can be challenging. Nonetheless, traders from around the globe, both experienced and novice, attempt to do exactly that on a daily basis. Given the above-average failure rate of new entrants to the market, one has to wonder how long-run profitability may be attained via forex trading. Among the many ways that forex participants approach the market is through the application of technical analysis. By definition, technical analysis is the study of past and present price action for the accurate prediction of future market behaviour. The premier tools for the practice of technical…
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