A loan made in one currency in one country against a loan made in another currency in another country.
A method of checking a certain trading system by analyzing historical data.
A statement that summarizes the total economic transaction of a country with the rest of the world.
The value of a country's exports minus its imports.
The price range within which the value of a specified currency is allowed to fluctuate. This does not apply to free floating currencies.
An international financial organization who's goal is to foster stability by connecting central banks of the world.
Credit granted by a bank to a customer.
Paper issued by a central or issuing bank which are considered legal tender.
The Central Bank of Canada.
The Central Bank of England.
The Central Bank of Japan.
The rate that a central bank lends money to its domestic banking system.
The first currency stated in a currency pair.
Difference between the cash price and futures price.
The movement of the basis towards zero as the expiration of a futures contract nears.
One percent of one percent.
The price expressed in annual rate of return.
Trading to profit from the increase in the basis.
A group of currencies.
An individual who believes that the price of a certain trading instrument will fall.
A market in which prices are declining.
A technical analysis where new price tops are getting higher as a certain technical indicator top is dipping, indicating weakness of the uptrend.
A compilation of surveys conducted by the 12 Federal banking districts, which is presented to the Federal Open Market Committee and available to the public 8 times a year.
Current Chairman of the Board of Governors of United States' Federal Reserve Bank.
The price a trader can sell a particular financial instrument, such as currency pairs.
The difference between the bid and ask price.
Often refers to the first two or three digits of a currency's price.
Similar to a standard call option, except the payoff at expiration is fixed.
A model for option pricing. The formula assumes the underlying asset price follows a geometric Brownian motion with constant volatility. The Black-Scholes Model is the most widely used technique for pricing options.
A technical indicator that measures volatility.
A summary of a traders total positions.
When prices break through a predetermined level of support or resistance usually coming out of a consolidation period.
A post-WWII agreement between major economies of the world that established fixed exchange rates and set the price of gold.
A chart pattern formation that some traders use as indication of a potential trend reversal.
An individual or a firm that executes investment or trade orders for a fee.
Short form of Bundesbank, the Reserve Bank of Germany.
The number of newly authorized construction projects.
An individual that believes price of a trading instrument will rise.
A market in which prices are increasing.
A technical analysis where new price bottoms are getting lower as a certain technical indicator bottom is rising indicating weakness in the downtrend.
The federal bond of the German government.
The reserve bank of Germany.
A fundamental indicator of the value of unsold goods produced by retailers, wholesalers and manufacturers.
An order to execute a transaction to buy an asset at a specified price or lower.
A process to buy an underlying asset with cash for only a part of the total price.