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Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


Basis Point

One percent of one percent. Usually used for changes in Interest Rates where references are less than one percent. 1bp = 0.0001.

Category: Economic Reports

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