The yen, a preferred currency in times of market turbulence, is the official currency of Japan. Being a currency usually bought during times of political uncertainty, it is the third most traded in the Forex market.
Category: Terms
Oil is the most popular commodity among traders. Its price has a dramatic impact on the global economy.
The euro is one of the most important currencies in the world. Further, the single currency is one of the currencies that traders worldwide prefer to trade in the Forex market. The single currency belongs to Majors and is the second most popular among Forex traders following the greenback.
Bear is an investor who believes that prices/ the market will decline. Bear Market is a market characterized by a prolonged period of declining prices and widespread pessimism.
Sell-off is the quick sale of financial instruments such as stocks, bonds, commodities or currencies. Rapidly falling prices and panic can also characterize it.