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Forex Terms
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1. Euribor Euribor® (Euro Interbank Offered Rate) is the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank. See also: LIBOR
2. Euro See also: European Monetary Unit.
3. Euro Interbank Offered Rate The Euro Interbank Offered Rate or Euribor is a daily reference rate based on the averaged interest rates at which banks offer to lend unsecured funds to other banks in the euro wholesale More…
4. Eurocurrency A currency that is deposited in a financial institution located outside the currency's country of origin.
5. Eurodollar US dollars deposited in a bank outside the USA.
6. European Central Bank Established in Frankfurt in 1998, the ECB is responsible for all monetary policy decisions that influence the Euro currency. Based on the Maastricht Treaty, the ECB's main More…
7. European Currency Unit The predecessor of the Euro.
8. European Monetary System An arrangement in the 1970s and 1980s where many European countries linked their currencies to prevent large fluctuations in value. It was one of several initiatives leading to the More…
9. European Monetary Unit The currency of the European Monetary Union (EMU), introduced in 1999. The following countries and their currencies were replaced with the Euro
10. European Option An option whose holder can exercise it only at the expiry date.
11. European Union The group of European countries joined together to promote economic, political, and social co-operation.

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