School Articles

Currency trading is the act of buying and selling (trading) different currencies of the world. The Foreign Exchange (or Forex) is the market that allows you to trade currencies in volume.

Crude oil is a naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials. Crude oil can be refined to produce usable products such as gasoline, diesel and various forms of petrochemicals. It is a nonrenewable resource, also known as a fossil fuel, which means that it can't be replaced naturally at the rate we consume it and is therefore a limited resource.

A central bank, or monetary authority, is a monopolized and often nationalized institution given privileged control over the production and distribution of money and credit. In modern economies, the central bank is responsible for the formulation of monetary policy and the regulation of member banks.

Any kind of money that is in public circulation. Includes both coins (hard money) and paper money (soft money. Currency refers to money that is legally designated by the governing body, and sometimes can refer to any object that perceived to have value and can be exchanged for other objects.

Any type of good used in commerce, which includes goods traded on a commodity exchange.