Forex Trading Express - Free Forex Online Trading, Investing, Exchange, Tips and Resources » Forex Glossary

Band

admin — Sat, 27 Mar 2010 13:36:21 +0000

In countries where the currency is pegged, the range in which the rates are permitted to fluctuate.

Source:forexglossary.com

Share and Enjoy:

Balance of Trade

admin — Sat, 27 Mar 2010 13:35:15 +0000

In economics, a country’s exports minus its imports.

Source:forexglossary.com

Share and Enjoy:

Back Office

admin — Sat, 27 Mar 2010 13:34:44 +0000

The office location, or department, where the processing of financial transactions takes place.

Source:forexglossary.com

Share and Enjoy:

Carry (Interest-Rate Carry)

admin — Sat, 27 Mar 2010 13:34:08 +0000

The income or cost associated with keeping a foreign exchange position overnight. This is derived when the currency pairs in the position have different interest rates for the same period of time.

Source:forexglossary.com

Share and Enjoy:

Candlestick Chart

admin — Sat, 27 Mar 2010 13:33:35 +0000

A chart that displays the daily trading price range (open, high, low and close). A form of Japanese charting that has become popular in the West. A narrow line (shadow) shows the day’s price range. A wider body marks the area between the open and the close. If the close is above the open, the body is white (not filled); if the close is below the open, the body is black (filled).

Source:forexglossary.com

Share and Enjoy:

Cable

admin — Sat, 27 Mar 2010 13:32:58 +0000

The British pound/US Dollar exchange rate GBP/USD.

Source:forexglossary.com

Share and Enjoy:

Automated Trader

admin — Thu, 25 Feb 2010 06:58:40 +0000

A trader who uses an automated system to input trades without any human input.

Share and Enjoy:

Authorized Dealer

admin — Thu, 25 Feb 2010 06:58:02 +0000

Depending on the regulatory body, a dealer authorized to deal in forex.

Share and Enjoy:

Aussie

admin — Thu, 25 Feb 2010 06:57:39 +0000

Dealer slang for the AUD/USD currency pair.

Share and Enjoy:

AUD/USD

admin — Thu, 25 Feb 2010 06:57:17 +0000

The abbreviation for the Australian dollar and U.S. dollar (AUD/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one Australian dollar (the base currency) Trading the AUD/USD currency pair is also known as trading the “Aussie”.

Share and Enjoy: