A term referring to GBP/USD.
A call option confers the right but not the obligation to buy.
Canada's national currency.
A type of chart consisting of blocks with vertical lines that resemble the look of candlesticks.
A measure of how much of the productive capacity a country is using.
A component of the Current Account that summarizes the flow of investments and loans in and out of a country.
The amount credited or debited from an account for holding a currency pair where the components have different underlying interest rates overnight. The magnitude of the carry charge is determined by the size of the interest rate differential. For example, if a trader is long USDJPY there will be a relatively small carry charge since both currencies have a low interest rate. If a trade is long USDZAR there will be a greater cost of carry since the interest rate of the ZAR is significantly higher than that of the USD.
An investment strategy whereby the investor borrows from a low-yielding or low-interest currency, and invest in high-yielding or high-interest currency.
Often refers to a transaction settled on the day the transaction is agreed upon.
The buying of an asset today and selling a future contract on the asset.
The market where physical currencies are bought and sold.
The process of settling a futures contract by paying the cash difference between the futures price and cash price instead of delivering the physical currency.
A survey conducted by the Confederation of British Industry that reports overall sentiment in top Manufacturing Executives.
Chicago Board Options Exchange.
Chicago Board of Trade.
The bank that is responsible for monetary policies among other things that is needed to create conditions allowing a stable economy.
Certificate of Deposit.
The Commodity Futures Trading Commission.
Title of the State office of the UK who is responsible for economic and financial matters of the nation.
A range where prices seem to be contained within.
A trader who studies price charts to try and find profitable behavior in financial markets. A chartist is a specific type of practitioner of technical analysis.
Copenhagen Interbank rate - The rate at which banks lend the Danish Krone.
An economic indicator for the United Kingdom that measures unemployment.
A position that no longer exists. A long position would be closed by offsetting with a short position of the same size and a short position would be closed by offsetting with a long positions of the same size.
Chicago Mercantile Exchange.
Commodity Exchange of New York.
A fee whether fixed or variable that a broker or dealer charges per trade.
A commodity currency refers to the currency of countries that depend heavily on the export of certain commodities raw materials for income.
An option on an option usually with a fixed price and expiration date.
A document exchanged by counterparts to a transaction that states the terms of said transaction.
The period when prices are less volatile and are moving sideways.
A measure of the overall ambiance surrounding the financial conditions within an economy.
A measure of the average price level of a basket of goods and services purchased by the consumers.
The nature of economic crisis to often spread from one market to another market.
A term used to describe that a trend will extend course.
An agreement to buy or sell a fixed unit size.
The date when an asset must be delivered or accepted to fulfill the obligations of a contract.
The month when a futures contract becomes deliverable.
A currency that can be freely traded for other currencies without central bank permission.
A term used to describe price action during a partial reversal of a trend.
The second currency in a stated currency pair.
An individual or a bank that deals with international financial exchange and is ultimately the guarantor of a contract such as a loan.
An individual or a bank that deals with international financial exchange and is ultimately the guarantor of a contract such as a loan.
The risk posed by the potential for a country to intervene or manipulate the value of a currency
Represents the rate of interest on a fixed interest security like a bond.
The annual rate of interest on a fixed interest security like a bond.
To take out a forward foreign exchange contract
The risk that a debtor will not pay an obligation.
A currency pair that does not include the USD.
The exchange rate of currency pairs that do not include the USD.
A form of money used by a country and issued by that country government as a unit of exchange
A contract that gives either the right or the obligation to buy or sell a currency at a specified price by a specified date
The two currencies that comprise a currency pair
The risk that changes in the value of a currency may pose
Bond which consigns two counter-parties to switch over streams of interest payments in different currencies for an agreed period of time.
A component of Balance of Payments that measures net flow of trade, factor income, and transfer payments.
The total of all exports minus the total of all imports for a country for a specified period of time
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