B
| Balance of Trade
The value of a country’s exports minus its imports. |
| Bar Chart
A type of chart which consists of four significant points: the high and the low prices, which form the vertical bar, the opening price, which is marked with a little horizontal line to the left of the bar, and the closing price, which is marked with a little horizontal line of the right of the bar. |
| Base Currency
The first currency in a Currency Pair. It shows how much the base currency is worth as measured against the second currency. For example, if the USD/CHF rate equals 1.6245 then one USD is worth CHF 1.6245 In the FX markets, the US Dollar is normally considered the ‘base’ currency for quotes, meaning that quotes are expressed as a unit of $1 USD per the other currency quoted in the pair. The primary exceptions to this rule are the British Pound, the Euro and the Australian Dollar. |
| Bear Market
A market distinguished by declining prices. |
| Bid Price
The bid is the the price at which the market is prepared to buy a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can sell the base currency. It is shown on the left side of the quotation. For example, in the quote USD/CHF 1.4565/32, the bid price is 1.4565; meaning you can sell one US dollar for 1.4565 Swiss francs. |
| Bid/Ask Spread
The difference between the bid and offer price. Big Figure Quote – Dealer expression referring to the first few digits of an exchange rate. These digits are often omitted in dealer quotes. For example, a USD/JPY rate might be 117.50/117.55, but would be quoted verbally without the first three digits i.e. “50/55”. |
| Book
In a professional trading environment, a ‘book’ is the summary of a trader’s or desk’s total positions. |
| Broker
An individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission. In contrast, a ‘dealer’ commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. |
| Bretton Woods Agreement of 1944
An agreement that established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and pegged the price of gold at US $35 per ounce. The agreement lasted until 1971, when President Nixon overturned the Bretton Woods agreement and established a floating exchange rate for the major currencies. |
| Bull Market
A market distinguished by rising prices. |
| Bundesbank
Germany’s Central Bank. |
| A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
Very energetic blog, I loved that a lot. Will
there be a part 2?
Hi, I check your blog daily. Your story-telling style is awesome, keep doing what you’re doing!
Howdy! I understand this is sort of off-topic but I needed to ask. Does running a well-established website like yours take a lot of work? I am brand new to running a blog but I do write in my journal daily. I’d like to start a blog so I will be able to share my personal experience and feelings online. Please let me know if you have any suggestions or tips for brand new aspiring blog owners. Appreciate it!
On l’characteristic généralement du petit lait, ce résidu liquide jaunâtre issu de la fabrication du fromage, que l’on retrouve également à la surface des yaourts.
Woah! I’m really enjoying the template/theme of this blog. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between usability and visual appeal. I must say you have done a fantastic job with this. In addition, the blog loads very fast for me on Firefox. Exceptional Blog!
Greetings! I know this is kinda off topic but I was wondering which blog platform are you using for this website? I’m getting fed up of WordPress because I’ve had problems with hackers and I’m looking at alternatives for another platform. I would be awesome if you could point me in the direction of a good platform.
What strengthens the lead to more is the successful XOR cipher getting 23, since if Sombra is the up coming Overwatch hero to be extra – and Blizzard has hinted and hinted that she may perhaps be – then she would be the 23rd hero in the video game.
Whats up very nice web site!! Man .. Excellent .. Superb .. I’ll bookmark your blog and take the feeds additionally? I am satisfied to find so many useful info here within the submit, we want work out more techniques on this regard, thanks for sharing. . . . . .
I think this is among the most vital info for me. And i am glad reading your article. But wanna remark on few general things, The website style is perfect, the articles is really nice : D. Good job, cheers
Definitely imagine that which you said. Your favourite reason seemed to be on the web the easiest factor to be aware of. I say to you, I certainly get irked at the same time as people think about issues that they plainly do not recognise about. You managed to hit the nail upon the top as well as defined out the whole thing with no need side effect , folks can take a signal. Will likely be back to get more. Thank you