currency support

  • 1Currency strength — expresses the value of currency. For economists, it is often calculated as purchasing power,[1] while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data,… …

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  • 2Currency War of 2009–2011 — The Currency War of 2009–2011 is an episode of Competitive devaluation which became prominent in September 2009. Competitive devaluation involves states competing with each other to achieve a relatively low valuation for their own currency, so as …

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  • 3currency — noun 1 money used in a particular country ADJECTIVE ▪ domestic ▪ foreign ▪ They prefer to be paid in foreign currencies. ▪ common, global, international …

    Collocations dictionary

  • 4Currency war — Brazilian Finance Minister Guido Mantega, who made headlines when he raised the alarm about a Currency War in September 2010. In July 20 …

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  • 5Currency Wars — For a discussion of competitive devaluation, see Currency war. For James G. Rickard s Currency Wars: The Making of the Next Global Crisis, see James G. Rickards. Currency Wars   …

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  • 6Currency crisis — A currency crisis, which is also called a balance of payments crisis, is a sudden devaluation of a currency caused by chronic balance of payments deficits which usually ends in a speculative attack in the foreign exchange market. It occurs when… …

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  • 7Currency detector — A currency detector is a device that determines if a piece of currency is, or is not, counterfeit. These devices are used in vending machines that accept payment and dispense a product to a customer. They are also used in change machines and in… …

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  • 8Currency Convertibility — The ease with which a country s currency can be converted into gold or another currency. Convertibility is extremely important for international commerce. When a currency in inconvertible, it poses a risk and barrier to trade with foreigners who… …

    Investment dictionary

  • 9support — {{Roman}}I.{{/Roman}} noun 1 help and encouragement ADJECTIVE ▪ complete, full, total ▪ firm, solid, strong ▪ The candidate enjoys the firm support of local industry …

    Collocations dictionary

  • 10support — The place on a chart where the buying of futures contracts is sufficient to halt a price decline. Chicago Board of Trade glossary A horizontal price range where price hovers due to buying pressure before attempting a downward move. The CENTER… …

    Financial and business terms