Jemie

Profit-Taking.

by

Profit-taking is the act of selling a security that has risen in price in order to lock in profits. Profit-taking can be done by individuals or by institutions. When profit-taking occurs, it can cause a sharp drop in price as demand for the security declines. Profit-taking is a common occurrence in the stock market and … Read more

AUD.

by

AUD is the abbreviation for the Australian dollar, the currency of Australia. The AUD is also referred to as the Aussie dollar. The Australian dollar is a floating currency, meaning its value is determined by market forces, rather than by a central bank. The AUD is one of the most traded currencies in the world, … Read more