The US dollar index is used to measure the relative strength or value of the United States dollar (USD) against six major foreign currencies used by US trade partners.US dollar index is one of the most popular currency indexes followed worldwide.USD is known as the world's reserve currency.Currencies of six major US trade partners are the Euro (EUR), Japanese Yen … [Read more...] about What Is the US Dollar Index and why should you track it?
Finance
What does Rollover or rolling over a contract means?
Rollover of contract means, a market participant carrying forward his future position by switching from the current month contract closer expiry to another month future contract with expiry in another month.Basically it's a two step process. In it, you close your current position in a contract that is about to expire and open a similar new contract which has expiry in a … [Read more...] about What does Rollover or rolling over a contract means?
What is Crude Oil and how is it traded around the world?
Crude Oil is one of the most important natural resources that impacts the daily lives of people worldwide. Crude Oil is measured in barrels. 1 barrel equals 42 gallons. 1 gallon contains 3.78541 litres. Therefore, 1 barrel equals 158.98722 litres.Crude oil is a raw natural resource that is extracted from the earth and refined into usable products, such as … [Read more...] about What is Crude Oil and how is it traded around the world?
6 largest Initial Public Offerings (IPOs) of all time – The Biggest Ever
Initial public offering (IPO) is a process in which a private corporation’s shares are offered to the public for the first time. It helps companies to raise money from the general public. The primary objective is to raise capital for business. Following an Initial public offering (IPO), the company’s shares are traded on a stock exchange. In this article, we have … [Read more...] about 6 largest Initial Public Offerings (IPOs) of all time – The Biggest Ever
What is a personal Loan and how can you use it in India
Personal loan is a lump sum of money that you borrow from banks or financial institutions based on your past income and credit history.Lenders approval for a personal loan is based purely on your creditworthiness.Personal Loan is classified as an unsecured loan as no asset is kept as collateral / security deposit by the bank or financial institution.To get a … [Read more...] about What is a personal Loan and how can you use it in India