Trading futures involves substantial risk of loss and is not appropriate for all investors. Unless otherwise noted, all returns posted on this site and in our videos is considered Hypothetical Performance. Join those already trading with AlgorithmicTrading. If ROE changes over time or diverges from normal levels for the peer group, DuPont analysis indicates how much of this is attributable to financial leverage. In both cases — as a stand along algorithm — it performs well in sideways and down moving market conditions. Watch Swingtown Episodes Season 1 TVGuide.

Cable is a slang term used among forex traders referring to the exchange rate between the U. It can also be used to refer simply to the British pound sterling. Since the pound versus the dollar is one of the most commonly traded currency pairsthe term is heard frequently in trading rooms. Cable only refers to the British pound with reference to prices and trading against the dollar.

You may hear someone dealing in the forex market say "Cable is up today" or "Cable has been trending lower lately. The pound was the dominant currency at the time, and transactions between the pound and dollar were executed via transatlantic cable. Forex traders are sometimes referred to as "cable dealers. It was the world's dominant currency for centuries, and thus was considered the primary reserve currency in which other nations held their excess cash.

As the British Empire dominated global commerce, the pound dominated international finance. It was legal tender in most colonies, including large portions of Africa and Asia. The Empire began to fade following World War I, as the enormous economic cost of the war took a toll on the economy. With the British government heavily in debt to the United States, the dollar began to assume the reserve currency status that the pound had held.

This change was complete by meaning of equity in forex trading rooms, when the British government was forced to devalue the pound by By the early part of the 21st century, the dollar meaning of equity in forex trading rooms the world's leading reserve currency, followed by the euro. The pound has settled in third place. In foreign exchangethe base currency is the one against which all others are compared. When the pound was the world's dominant currency, it was also the base currency for trading, so a price quote indicated the amount of currency X that needed to be exchanged for the trader interview questions. It is still the base currency in trades against the U.

But when the euro started trading on Jan. Pricing for cable is thus the number of dollars it takes to buy one pound. Term Of The Day A regulation implemented on Jan. Tour Legendary Investor Jack Bogle's Office. Louise Yamada on Evolution of Technical Analysis. Financial Advisors Sophisticated content for financial advisors around investment strategies, industry trends, and advisor education.

Base Currency In foreign exchangethe base currency is the one against which all others are compared.

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Learn to trade. Join the best Binary Options and Forex Trading Room. Trade the Forex market risk free using our free Forex trading in trading rooms. BREAKING DOWN ' Cable ' in the forex market say " Cable is up today" or. Search For Trading Room Now. Look Up Results & Learn More Today!.