Forex Glossary - K -

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Key Currency: Currency used in international trade settlement and described as the act of orienting the currency of a small country to that of a major trading partner.

Key Reversal Day: Where the daily price range on the bar chart of the reversal day fully engulfs the previous days range and where the close is clearly outside the preceding day’s range.

Kiwi: The name given to the New-Zealand dollar.