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 |



Our pre-plumbed sewage-disposal tanks await immediate installment, as well as a wide range of manhole expansion elevations are available for prompt distribution!
XL
Give me Skream and Benga, Dislike want the Britney Spears dubstep the path. You can also read our other party fashion article for further help. This is a fun activity that would get them active.
Just want to remark that you have a very nice website, I like the layout it actually stands out.
Hello there, You’ve done an excellent job. I will certainly digg it and personally suggest to my friends. I am sure they will be benefited from this web site.
Hi there, just became aware of your blog through Google, and found that it’s really informative. I am gonna watch out for brussels. I will be grateful if you continue this in future. Many people will be benefited from your writing. Cheers!
Great article! We are linking to this great article on our website. Keep up the good writing.
You should be keen to actually remove the put up from the conventional earrings after which putting the adhesive tab on the again. Just stick on the converted clip on earrings on to your skin and its job achieved. Lovely ears with out the piercing.
Outstanding article, thanks and we want more! Added you to FeedBurner.
Greetings from Carolina! I’m bored to death at work so I decided to check out your site on my iphone during lunch break. I really like the knowledge you present here and can’t wait to take a look when I get home. I’m amazed at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyways, superb site!
creditos personales