Foreign exchange reserves are the assets which are held by the central banks in the foreign for the country currency. These are the reserves which are used for influencing monetary policies and for backing the liabilities.
AWARDS
Freemium is a type of business whose name was made from merging the words ‘Premium’ and ‘Free’. This indicates that the company provides both free and premium services. The free service would be basic and simple while paid-for premium would usually have more perks. It is a practice widely used by the software companies who can offer free software with very limited capabilities. User in their turn can pay to improve the service.
Failed break occurs when the price is breaking through support or resistance levels but doesn’t have enough momentum in order to maintain the price and the direction of the movement. Since the validity and the price for failed break are compromised, traders tend to pull their money off a trade like that.
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