Forex Glossary

Forex Terms starting in "P"

Forex Terms starting in "P"

  • Parity →

    When 1 unit of a base currency is priced at 1 unit of the quite currency.

  • Philipp Hildebrand →

    Chairman of the Swiss National Bank

  • Pip →

    The smallest increment in a currency's price movement.

  • Point →

    Minimum fluctuation or smallest increment of price movement.

  • Position →

    The total net exposure in a given currency.

  • Price →

    The price at which the underlying currency or any other asset can be bought or sold.

  • Prime Rate →

    The rate from which lending rates by banks are calculated in the US.

  • Producer Price Index (PPI) →

    A measurement of the average price level of a fixed basket of capital, rent consumer good production taken on by the producers.

  • Profit Taking →

    The closing or unwinding of a position to realize a profit.

  • Purchasing Managers Index (PMI) →

    An economic indicator that measures manufacturing conditions and performance month over month by tracking the percentage of purchasing mangers that report better or worse business conditions from the previous month.

  • Purchasing Power Parity →

    Purchasing Power Parity (PPP) is a model of exchange rate determination.

  • Put Option →

    A put option confers the right but not the obligation to sell.

Forex Trading Terms (Alphabetical)