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A Currency Pair expresses the value of one currency unit against another currency unit. The first currency of the pair is named ‘based currency’, and the second currency is named ‘quote currency’. The currency pair ratio isn’t necessarily directly influenced by one another, but it varies according to market changes.
Stocks represent the ownership of assets and earnings in a corporation.
An index, in general, measures the value of a section of the stock market, and subsequently denotes that country economical state.
Commodities refer to resources and agricultural products which can be traded with other goods. Commodities are divided into two sub categories: soft commodities- which include coffee, corn, sugar, etc. and hard commodities, which are extracted through mining and consist of gold, silver and oil.