When 1 unit of a base currency is priced at 1 unit of the quite currency.
Chairman of the Swiss National Bank
The smallest increment in a currency's price movement.
Minimum fluctuation or smallest increment of price movement.
The total net exposure in a given currency.
The price at which the underlying currency or any other asset can be bought or sold.
The rate from which lending rates by banks are calculated in the US.
A measurement of the average price level of a fixed basket of capital, rent consumer good production taken on by the producers.
The closing or unwinding of a position to realize a profit.
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 (PPP) is a model of exchange rate determination.
A put option confers the right but not the obligation to sell.