Forex News
Currency news updates, articles and in depth technical analysis.
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Forex News - Understanding the terms
Learning about currencies are traded on the FX market can help you become a better currency trader. One of the forex news terms you will likely come across is the term "managed currency." Answers.com defines a managed currency this way.
Any currency whose exchange rate is influenced by central bank intervention in the exchange markets, as opposed to interaction of supply and demand in the free market.
It is important to note, however, that monetary policy in most countries includes some sort of management, such as buying and selling its own currency to influence the value, as well as doing things like raise interest rates.
