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Reference

Forex

The language of markets, defined plainly — the terms our coverage uses and what they actually mean.

C

Carry Trade
Borrowing in a low-interest currency to hold a higher-yielding one, aiming to earn the difference in rates.

F

Forex
The market for exchanging one currency for another. It trades over the counter between banks and brokers rather than on a central exchange, around the clock on weekdays.