The rate at which a dealer is willing to sell a currency.
UK's official statistics office that releases economic figures.
The interest rate set by the Reserve Bank of New Zealand for its overnight money market.
The US balance of payments measure based on movement of dollars in foreign holdings and US reserves.
A trade with which cancels or offsets some or all of the Forex market risk of an open position.
A technical indicator used to predict extension or reversal of trends.
A combination of two pending or resting orders where the execution of either one automatically cancels the other.
The selling and buying of government securities and other financial instruments by the Federal Reserve Bank.
Buy or sell order that remains pending or resting until executed or cancelled by the trader, or the expiration of the particular open order. For example, an open day order will remain pending until executed, cancelled by the trader, or the trading day ends.
Any positions which has not been settled by physical payment or offset by an equal and opposite deal of the same size.
All options of the same type, calls or puts, on the same underlying instrument. For example, to put options on Corn would have the same option class.
All options of the same class, meaning they are all puts or calls, and all on the same underlying asset, that also have the same exercise/strike price and expiration date.
A contract that grants the buyer of the contract the right, but not the obligation, to buy or sell at a specified price on or before a future expiration date.
A put option, or an option to sell, is out-of-the-money if the exercise/strike price is below the price of the underlying instrument. There would be no reason for the option holder to exercise his option to sell at a lower price than he could sell for on the open market. A call option, or an option to buy, is out-of-the money if the exercise/strike price is higher than the price of the underlying instrument.
A transaction involving either the purchase or the sale of a currency or other asset for settlement at a future date.
The forward rate of a foreign exchange transaction based on the spot price plus forward discount or premium.
Term to describe a market that for securities/currencies not in a listing, but is traded through network of banks and brokerages.
An overheated economy exists where there is a high growth rate or projected high growth rate placing pressure on the production capacity resulting in increased inflationary pressures and higher interest rates.
Net long or short position in one or more currencies that a dealer can carry over into the next dealing day.
Any open long or short position in a currency or other asset at the end of a trading day.