P -
Parity - (1) Foreign exchange dealer's slang for your price is the correct market price. (2) Official rates in terms of SDR or other pegging currency.
Parities - The value of one currency in terms of another.
Pegged - A system where a currency moves in line with another currency, some pegs are strict while others have bands of movement.
Pip - Minimum fluctuation or smallest increment of price movement.
Position - The netted total commitments in a given currency. A position can be either flat or square (no exposure), long, (more currency bought than sold), or short ( more currency sold than bought).
Profit Taking - The unwinding of a position to realize profits.
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About Me
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- Kunal
- नमस्कार , I am Kunal Kapadnis.i like making friends socializing,a bit restless,talkative,complete foodie . life is too short...keep smiling !!!! “I laugh, I love, I hope, I try, I hurt, I need, I fear, I cry. And I know you do the same things too, So we're really not that different, me and U.
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