
In economics, a country’s exports minus its imports. Source:forexglossary.com
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The office location, or department, where the processing of financial transactions takes place. Source:forexglossary.com
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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
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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 [...]
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The British pound/US Dollar exchange rate GBP/USD. Source:forexglossary.com
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A trader who uses an automated system to input trades without any human input.
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Depending on the regulatory body, a dealer authorized to deal in forex.
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Dealer slang for the AUD/USD currency pair.
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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”.
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An item that has value; an investment such as stocks, options, or forex.
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