Trading Strategy

Eurodollar is a term that is used to describe a denominated dollar deposits which are held in the foreign banks or in the branches of American banks overseas. Eurodollars are not subjected to US Federal Reserve bank regulations. Earlier in history these deposits were held almost exclusively in Europe, hence the name.

A dealing desk is a real object that can be met in foreign banks. It is very much real desk that is used as a workplace for traders and forex dealers. The main feature of the dealing desks is that many of those, belonging to the same company can be seen around the world as forex market is open 24/7.

Dealing desks are also used by financial companies and banks in order to execute trades on their own.

Purchasing power is a term used to determine the quantity of the goods and services that one unit of a certain currency can buy. Purchasing power is a perfect tool in order to see the inflation rate of the country – the higher the inflation the lower is the purchasing power.

Turnover is a term that defines the speed with which a business can acquire and get rid of the assets. In trading world turnover defines a percentage of an account that is sold in a span of a month. The higher the turnover is the higher is the commission for a trader.