US Dollar (USD)

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1. REDIRECT United States dollar

Introduction

The Template:Short description is an essential MediaWiki template designed to provide concise summaries and descriptions for MediaWiki pages. This template plays an important role in organizing and displaying information on pages related to subjects such as Binary Options, IQ Option, and Pocket Option among others. In this article, we will explore the purpose and utilization of the Template:Short description, with practical examples and a step-by-step guide for beginners. In addition, this article will provide detailed links to pages about Binary Options Trading, including practical examples from Register at IQ Option and Open an account at Pocket Option.

Purpose and Overview

The Template:Short description is used to present a brief, clear description of a page's subject. It helps in managing content and makes navigation easier for readers seeking information about topics such as Binary Options, Trading Platforms, and Binary Option Strategies. The template is particularly useful in SEO as it improves the way your page is indexed, and it supports the overall clarity of your MediaWiki site.

Structure and Syntax

Below is an example of how to format the short description template on a MediaWiki page for a binary options trading article:

Parameter	Description
Description	A brief description of the content of the page.
Example	Template:Short description: "Binary Options Trading: Simple strategies for beginners."

The above table shows the parameters available for Template:Short description. It is important to use this template consistently across all pages to ensure uniformity in the site structure.

Step-by-Step Guide for Beginners

Here is a numbered list of steps explaining how to create and use the Template:Short description in your MediaWiki pages: 1. Create a new page by navigating to the special page for creating a template. 2. Define the template parameters as needed – usually a short text description regarding the page's topic. 3. Insert the template on the desired page with the proper syntax: . Make sure to include internal links to related topics such as Binary Options Trading, Trading Strategies, and Finance. 4. Test your page to ensure that the short description displays correctly in search results and page previews. 5. Update the template as new information or changes in the site’s theme occur. This will help improve SEO and the overall user experience.

Practical Examples

Below are two specific examples where the Template:Short description can be applied on binary options trading pages:

Example: IQ Option Trading Guide

The IQ Option trading guide page may include the template as follows: For those interested in starting their trading journey, visit Register at IQ Option for more details and live trading experiences.

Example: Pocket Option Trading Strategies

Similarly, a page dedicated to Pocket Option strategies could add: If you wish to open a trading account, check out Open an account at Pocket Option to begin working with these innovative trading techniques.

Related Internal Links

Using the Template:Short description effectively involves linking to other related pages on your site. Some relevant internal pages include:

• Binary Options
• Binary Options Trading
• Trading Strategies
• Forex Trading
• Finance
• Investment Basics

These internal links not only improve SEO but also enhance the navigability of your MediaWiki site, making it easier for beginners to explore correlated topics.

Recommendations and Practical Tips

To maximize the benefit of using Template:Short description on pages about binary options trading: 1. Always ensure that your descriptions are concise and directly relevant to the page content. 2. Include multiple internal links such as Binary Options, Binary Options Trading, and Trading Platforms to enhance SEO performance. 3. Regularly review and update your template to incorporate new keywords and strategies from the evolving world of binary options trading. 4. Utilize examples from reputable binary options trading platforms like IQ Option and Pocket Option to provide practical, real-world context. 5. Test your pages on different devices to ensure uniformity and readability.

Conclusion

The Template:Short description provides a powerful tool to improve the structure, organization, and SEO of MediaWiki pages, particularly for content related to binary options trading. Utilizing this template, along with proper internal linking to pages such as Binary Options Trading and incorporating practical examples from platforms like Register at IQ Option and Open an account at Pocket Option, you can effectively guide beginners through the process of binary options trading. Embrace the steps outlined and practical recommendations provided in this article for optimal performance on your MediaWiki platform.

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• • Financial Disclaimer**

The information provided herein is for informational purposes only and does not constitute financial advice. All content, opinions, and recommendations are provided for general informational purposes only and should not be construed as an offer or solicitation to buy or sell any financial instruments.

Any reliance you place on such information is strictly at your own risk. The author, its affiliates, and publishers shall not be liable for any loss or damage, including indirect, incidental, or consequential losses, arising from the use or reliance on the information provided.

Before making any financial decisions, you are strongly advised to consult with a qualified financial advisor and conduct your own research and due diligence.

1. Template:Infobox currency

Template:Infobox currency is a standardized, reusable component within MediaWiki used to display a concise summary of information about a specific currency. It provides a consistent and visually appealing way to present key details like the currency's name, symbol, ISO code, central bank, and other relevant characteristics across various articles on Wikipedia. This article aims to guide beginners through understanding, using, and even customizing this valuable template.

Purpose and Benefits

The primary purpose of the `Infobox currency` template is to enhance the readability and organization of articles related to currencies. Without a standardized template, information about currencies could be presented in wildly different formats, making it difficult for readers to quickly find the data they need.

Here's why using this template is beneficial:

• Consistency: Ensures a uniform presentation of currency information across all relevant articles.
• Readability: Presents information in a clear and structured manner, improving user experience.
• Efficiency: Saves editors time and effort by providing a pre-built template instead of requiring them to manually format the information each time.
• Maintainability: Changes to the template automatically propagate to all articles using it, simplifying updates and corrections.
• Interoperability: Facilitates data comparison between different currencies.

How to Use the Template

The `Infobox currency` template is relatively straightforward to use. It utilizes a series of named parameters to define the different aspects of the currency being described. Here is the basic syntax:

```wiki ```

Let's break down each parameter:

• name: The full, official name of the currency (e.g., "United States dollar"). This is a required parameter.
• symbol: The currency symbol (e.g., "$", "€", "¥"). This is also a required parameter.
• iso_code: The official three-letter ISO 4217 currency code (e.g., "USD", "EUR", "JPY"). Required. You can find a comprehensive list of ISO codes at ISO 4217.
• central_bank: The name of the central bank responsible for issuing and regulating the currency (e.g., "Federal Reserve", "European Central Bank").
• country: The country or countries that use the currency. If multiple countries use the same currency, list them separated by commas (e.g., "France, Germany, Italy"). Link the country names to their respective Wikipedia articles.
• peg: If the currency is pegged to another currency, specify the currency it's pegged to here (e.g., "USD").
• start_year: The year the currency was first issued.
• end_year: The year the currency was last issued. Use this parameter for currencies that are no longer in circulation.
• image: The filename of an image of a banknote or coin of the currency. Ensure the image is uploaded to Wikimedia Commons.
• image_size: The desired size of the image in pixels. (e.g., "200px"). If omitted, the image will be displayed at its default size.
• caption: A caption to accompany the image.
• notes: Any additional notes or information about the currency.

Example Usage

Here's an example of how to use the `Infobox currency` template to create an infobox for the United States dollar:

```wiki ```

This code will generate a neatly formatted infobox displaying the information provided.

Advanced Usage and Customization

While the basic parameters cover most common use cases, the `Infobox currency` template also supports several advanced options for customization.

• currency_code: (Numeric ISO code) The numeric ISO 4217 currency code (e.g., 840 for USD).
• subunit: The name of the subunit of the currency (e.g., "cent" for USD).
• subunit_code: The ISO 4217 code for the subunit (e.g., "c" for USD).
• status: Current status of the currency (e.g., "Official", "De facto").
• replaced_by: If the currency has been replaced by another, specify the replacement currency here.
• withdrawal_date: Date the currency was withdrawn from circulation.

These parameters offer greater granularity and allow for more detailed descriptions of currencies.

Template Categories and Hidden Parameters

The `Infobox currency` template utilizes categories for organization and maintenance. These categories are automatically applied when the template is used. There are also hidden parameters used for internal template functions which are not intended for direct editing by users. These are generally related to styling and error handling. Attempting to modify these hidden parameters can break the template.

Common Mistakes to Avoid

• Incorrect ISO Codes: Ensure the ISO code is accurate. Using an incorrect code will lead to confusion. Double-check against the ISO 4217 standard.
• Missing Required Parameters: The `name`, `symbol`, and `iso_code` parameters are mandatory. The template will not function correctly without them.
• Incorrect Image Filenames: Verify that the image filename is correct and that the image is uploaded to Wikimedia Commons.
• Linking to Non-Existent Articles: When specifying countries or central banks, ensure you link to existing Wikipedia articles. Red links (links to articles that don't exist) detract from the quality of the article.
• Overuse of Notes: Keep the `notes` parameter concise and relevant. Extensive notes should be placed in the body of the article.

Relationship to Financial Concepts and Analysis

Understanding currency characteristics, as detailed by this infobox, is fundamentally important to many financial concepts. The value of a currency is a core element of:

• Foreign Exchange (Forex) Trading: The most liquid financial market globally, where currencies are traded. Knowing the base details of a currency is the first step in Forex Trading.
• Exchange Rate Regimes: Understanding whether a currency is pegged, floating, or managed is crucial to analyzing its behavior.
• Balance of Payments: Currency values are heavily influenced by a nation's balance of payments.
• Interest Rate Parity: The relationship between interest rates and exchange rates.
• Purchasing Power Parity (PPP): A theory that compares the prices of identical goods and services in different countries.
• Technical Analysis: Analyzing currency charts and using candlestick patterns to predict future price movements. Understanding the currency's origin and stability can influence the interpretation of these patterns.
• Fundamental Analysis: Evaluating a currency based on economic factors like GDP, inflation rates, and unemployment rates.
• Risk Management: Assessing the risks associated with holding or trading a particular currency.
• Currency Carry Trade: Borrowing in a low-interest-rate currency to invest in a higher-interest-rate currency.
• Fibonacci Retracements: A popular tool used in technical analysis to identify potential support and resistance levels.
• Moving Averages: Used to smooth out price data and identify trends. Different types of Moving Averages exist, such as Simple Moving Average (SMA) and Exponential Moving Average (EMA).
• Bollinger Bands: A volatility indicator that measures the range of price fluctuations.
• Relative Strength Index (RSI): An oscillator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
• MACD (Moving Average Convergence Divergence): A trend-following momentum indicator that shows the relationship between two moving averages of prices.
• Ichimoku Cloud: A comprehensive indicator that provides support and resistance levels, trend direction, and momentum.
• Elliott Wave Theory: A form of technical analysis that identifies repeating wave patterns in financial markets.
• Head and Shoulders Pattern: A bearish reversal pattern that signals a potential downtrend.
• Double Top and Double Bottom: Reversal patterns indicating potential changes in trend direction.
• Triangles (Ascending, Descending, Symmetrical): Chart patterns that suggest consolidation and potential breakouts.
• Trend Lines: Lines drawn on a chart to connect a series of highs or lows, indicating the direction of a trend.
• Support and Resistance Levels: Price levels where the price tends to find support or resistance.
• Gap Analysis: Examining gaps in price charts to identify potential trading opportunities.
• Volume Analysis: Analyzing trading volume to confirm trends and identify potential reversals.
• Market Sentiment Analysis: Assessing the overall attitude of investors towards a currency.
• Correlation Analysis: Determining the relationship between different currencies.
• Quantitative Easing (QE): A monetary policy used by central banks to increase the money supply.
• Inflation Expectations: Anticipations about future inflation rates, which can influence currency values.
• Political Risk: Assessing the impact of political events on currency values.
• Black Swan Events: Unexpected events with significant impacts on financial markets.

The information presented in the `Infobox currency` provides a foundational understanding vital for applying these analytical techniques and interpreting market dynamics.

Where to Find More Help

• Template Documentation: The official documentation for the `Infobox currency` template can be found at [1].
• Wikipedia Help Pages: Help:Templates provides general information about using templates in MediaWiki.
• Wikimedia Commons: [2] for finding and uploading images.
• ISO 4217 Website: [3] for official currency codes.
• Wikipedia's List of Currencies: List of currencies

Conclusion

The `Template:Infobox currency` is a powerful tool for creating informative and consistent articles about currencies on Wikipedia. By understanding its parameters and following best practices, even beginners can effectively utilize this template to contribute to the knowledge base. Remember to always double-check your information and ensure accuracy to maintain the integrity of the encyclopedia.

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The US Dollar (USD) is the official currency of the United States of America and its territories. It is the most widely used currency in international transactions, serving as the principal reserve currency for many nations. Understanding the USD is crucial for anyone involved in international trade, investing, or simply traveling to the United States. This article provides a comprehensive overview of the USD, covering its history, denominations, features, economic impact, and its role in the global financial system.

History

The story of the US Dollar begins with the Coinage Act of 1792, which established the dollar as the standard unit of money in the United States. This act established a bimetallic standard, meaning the dollar was backed by both silver and gold. Initially, the dollar was defined as 371.25 grains of pure silver or 416 grains of pure gold.

Prior to the dollar, the colonies used a variety of currencies, including Spanish reales, British pounds, and colonial script. The need for a unified currency became apparent after the American Revolution, as a stable and consistent monetary system was vital for economic growth.

Throughout the 19th century, the US experienced periods of both bimetallism and monometallism (backing by a single metal). Debates over the relative value of silver and gold were frequent, leading to financial instability. The Civil War (1861-1865) saw the introduction of “greenbacks,” paper money not backed by specie (gold or silver).

In 1933, President Franklin D. Roosevelt took the US off the gold standard, effectively ending the direct convertibility of the dollar into gold for domestic transactions. This was a response to the Great Depression and aimed to provide the government with greater control over the money supply. The Bretton Woods Agreement in 1944 established the USD as the world’s primary reserve currency, pegged to gold at a rate of $35 per ounce. However, this system collapsed in 1971, when President Richard Nixon ended the convertibility of the dollar into gold for international transactions, leading to a floating exchange rate system.

Denominations

The US Dollar system consists of the following denominations:

• Currency (Paper Money): $1, $2, $5, $10, $20, $50, and $100. While $500, $1,000, $5,000, and $10,000 bills were once printed, they are no longer in production and are rarely seen in circulation.
• Coins: 1¢ (penny), 5¢ (nickel), 10¢ (dime), 25¢ (quarter), 50¢ (half dollar), and $1 (dollar coin). The half dollar and dollar coin are less commonly used.

Each denomination features distinct imagery. Paper money commonly displays portraits of prominent American historical figures, such as George Washington, Abraham Lincoln, and Alexander Hamilton. Coins feature images like the Statue of Liberty, the Lincoln Memorial, and state quarters.

Security Features

US currency incorporates several security features to deter counterfeiting. These features have evolved over time with advancements in printing and security technology. Key features include:

• Watermarks: Visible when held to the light, watermarks depict the portrait featured on the bill.
• Security Thread: A thin, embedded strip that glows under ultraviolet (UV) light and displays the denomination.
• Color-Shifting Ink: On certain denominations (e.g., $10, $20), the ink in the lower right corner changes color when tilted.
• Microprinting: Tiny, detailed text that is difficult to reproduce.
• Fine Line Printing: Intricate patterns that appear solid to the naked eye but are composed of very fine lines.
• Raised Printing: The portrait and other elements have a tactile quality due to the intaglio printing process.
• 3-D Security Ribbon: Newer $100 bills feature a blue ribbon with images that move as the bill is tilted.

These security features are constantly updated to stay ahead of counterfeiters. The Bureau of Engraving and Printing (BEP) and the United States Mint are responsible for producing US currency.

Economic Impact and Role in Global Finance

The US Dollar plays a dominant role in the global economy for several reasons:

• Reserve Currency: It is the primary reserve currency held by central banks around the world. This means countries hold large amounts of USD as part of their foreign exchange reserves, used for international trade and financial stability.
• Pricing of Commodities: Many globally traded commodities, such as oil, gold, and agricultural products, are priced in US dollars. This reinforces the demand for USD.
• International Trade: A significant portion of international trade is conducted in US dollars, making it essential for businesses involved in global commerce.
• Safe Haven Asset: During times of global economic uncertainty, the USD is often considered a "safe haven" asset, meaning investors tend to flock to it, increasing its value.
• Financial Markets: US financial markets are the largest and most liquid in the world, attracting investment from around the globe and further bolstering the USD’s position.

The strength of the USD can have significant impacts on other economies. A strong dollar can make US exports more expensive and imports cheaper, potentially hurting US manufacturers but benefiting consumers. Conversely, a weak dollar can boost US exports but increase the cost of imports. Exchange rates fluctuate constantly, influenced by factors such as economic growth, interest rates, inflation, and political stability.

Factors Influencing the Value of the USD

Numerous factors influence the value of the USD against other currencies:

• Interest Rates: Higher interest rates in the US tend to attract foreign investment, increasing demand for the USD and raising its value. The Federal Reserve's monetary policy is a key driver of interest rate changes.
• Economic Growth: Strong US economic growth generally supports a stronger dollar.
• Inflation: Higher inflation in the US can erode the value of the dollar.
• Political Stability: Political stability in the US is viewed positively by investors and can contribute to a stronger dollar.
• Government Debt: High levels of government debt can raise concerns about the long-term sustainability of the US economy and potentially weaken the dollar.
• Global Economic Conditions: Global economic events and conditions can also impact the value of the USD. For example, a global recession might lead investors to seek the safety of the USD.
• Trade Balance: A trade surplus (exports exceeding imports) can strengthen the dollar, while a trade deficit can weaken it.

Analyzing these factors is crucial for understanding forex trading and predicting potential movements in the USD's value.

USD and Financial Markets

The USD is a central component of various financial markets:

• Forex (Foreign Exchange) Market: The most actively traded market in the world, where currencies are bought and sold. The USD is involved in the vast majority of forex transactions. Understanding technical analysis is crucial in this market.
• Stock Market: US stock market indices, such as the S&P 500 and the Dow Jones Industrial Average, are denominated in USD.
• Bond Market: US Treasury bonds, considered among the safest investments globally, are priced in USD. Bond yields are closely watched by investors.
• Commodity Markets: As mentioned earlier, many commodities are priced in USD.
• Derivatives Markets: A wide range of derivative instruments, such as futures and options, are based on the USD. Options trading strategies can be used to profit from or hedge against USD fluctuations.

USD and Cryptocurrency

The rise of cryptocurrencies like Bitcoin presents both a challenge and an opportunity for the USD. Some argue that cryptocurrencies could eventually replace the USD as the dominant reserve currency, while others believe the USD will maintain its position due to its established infrastructure and global acceptance. Many stablecoins are pegged to the USD, attempting to combine the benefits of cryptocurrency with the stability of the dollar. The impact of blockchain technology on the future of finance is a topic of ongoing debate.

USD in International Trade Strategies

Understanding the USD is paramount for successful international trade strategies. Businesses engaging in import and export need to manage their exposure to USD fluctuations. Here are a few strategies:

• Hedging: Using financial instruments like forward contracts or options to lock in an exchange rate and mitigate risk.
• Currency Diversification: Holding assets in multiple currencies to reduce reliance on the USD.
• Invoice in Local Currency: Invoicing customers in their local currency shifts the exchange rate risk to the buyer.
• Natural Hedging: Matching revenues and expenses in the same currency.

Technical Analysis and USD Trading

Traders often use technical analysis to identify patterns and trends in the USD's value. Common indicators include:

• Moving Averages: Used to smooth out price data and identify trends. Simple Moving Average (SMA) and Exponential Moving Average (EMA) are popular choices.
• Relative Strength Index (RSI): An oscillator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions.
• Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages of prices.
• Fibonacci Retracements: Used to identify potential support and resistance levels.
• Bollinger Bands: A volatility indicator that measures price fluctuations.
• Ichimoku Cloud: A comprehensive indicator that identifies support, resistance, trend, and momentum.
• Pivot Points: Calculated from the previous day's high, low, and close prices to identify potential support and resistance levels.
• Elliott Wave Theory: A complex theory that analyzes price movements in terms of repetitive patterns called waves.
• Candlestick Patterns: Visual representations of price movements that can signal potential reversals or continuations. Doji candlestick patterns are frequently analyzed.
• Volume Analysis: Analyzing trading volume to confirm price trends. On Balance Volume (OBV) is a popular indicator.
• Average True Range (ATR): Measures market volatility.
• Stochastic Oscillator: Compares a particular closing price of a security to a range of its prices over a given period.
• Parabolic SAR: Identifies potential reversal points in price trends.
• Donchian Channels: A volatility indicator that uses the highest high and lowest low over a specified period.
• Chaikin Money Flow (CMF): Measures the amount of money flowing into and out of a security.
• Accumulation/Distribution Line: Used to identify divergences between price and volume.
• VWAP (Volume Weighted Average Price): A trading benchmark.
• Fractals: Identify potential turning points in the market.
• Harmonic Patterns: Predictive chart patterns based on Fibonacci numbers.
• Renko Charts: Filter out minor price movements.
• Heikin Ashi Charts: Smooth price data for trend identification.
• Point and Figure Charts: Focus on price movements and ignore time.

Understanding these tools and techniques can improve trading decisions and risk management. Monitoring economic calendars for scheduled releases of economic data is also vital.

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Federal Reserve International Trade Exchange rates Investing Forex trading Technical analysis Bureau of Engraving and Printing United States Mint S&P 500 Dow Jones Industrial Average Cryptocurrencies Blockchain technology Simple Moving Average (SMA) Exponential Moving Average (EMA) Doji candlestick On Balance Volume (OBV) Economic calendars

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