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Posts Tagged ‘foreign exchange’

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U.S. Dollar Index (USDX)

On August 18th, 2011   /   Blog, Word of the Day   /   Comments Off

Definition: A measure of the value of the U.S. dollar relative to majority of its most significant trading partners. Read more

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Big Mac PPP

On May 23rd, 2011   /   Blog, Word of the Day   /   1 Comment

Definition: A survey done by The Economist that determines what a country’s exchange rate would have to be for a Big Mac in that country to cost the same as it does in the United States. Read more

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Tax Haven

On May 12th, 2011   /   Blog, Word of the Day   /   1 Comment

Definition: A country offering very favorable tax laws for foreign businesses and individuals. Read more

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Forex

On April 15th, 2011   /   Blog, Word of the Day   /   Comments Off

Definition: An over-the-counter market where buyers and sellers conduct foreign exchange transactions. Read more

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