undervalued currency
A condition that occurs when a currency or currency pair demonstrates a lower relative price in the forex market than is justified or sustainable, perhaps due to a managed exchange rate or speculative selling. A Forex Trader might look for an undervalued currency pair to establish a long position with the view that its exchange rate will eventually rise over time to better reflect fair value.
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free trade zone
Midwest Stock Exchange
original issue discount (OID)
Hedge ratio