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Forex Terms

Forex Dictionary

Zombie Currency

Definition - What does Zombie Currency mean? A zombie currency is a legal currency that is no longer used as...

Forex Dictionary

Yard

Definition - What does Yard mean? A yard is trading slang for 1 billion units of a particular currency. The...

Forex Dictionary

World Currency

Definition - What does World Currency mean? A world currency is a theoretical trade currency that would replace national currencies...

Forex Dictionary

Whipsaw

Definition - What does Whipsaw mean? Whipsaw is a slang term for any sharp move in price action that is...

Forex Dictionary

Weekly Chart

Definition - What does Weekly Chart mean? A weekly chart is a chart that displays the price action of a...

Forex Dictionary

Weak Shorts

Definition - What does Weak Shorts mean? Weak shorts is a slang term for a group of traders who are...

Forex Dictionary

Volume

Definition - What does Volume mean? Volume is a measure of the total value of a market move. Volume is...

Forex Dictionary

Volatility

Definition - What does Volatility mean? Volatility is a measure of the degree of change in the value of a...

Forex Dictionary

Virtual Balance

Definition - What does Virtual Balance mean? Virtual balance refers to the potential account value a trader would have if...

Forex Dictionary

Unsystematic Risk

Definition - What does Unsystematic Risk mean? Unsystematic risk refers to a risk that affects a particular currency pair or...

Forex Dictionary

Unsterilized Intervention

Definition - What does Unsterilized Intervention mean? An unsterilized intervention refers to a situation where a nation’s central bank directly...

Forex Dictionary

Unrealized Profit

Definition - What does Unrealized Profit mean? An unrealized profit refers to a gain in an open position. Until the...

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Events Today

Curr   Prev Forc
GBP Prelim GDP q/q 0.5% 16.0%
GBP GDP m/m 1.0% -2.6%
GBP Manufacturing Production m/m 0.7% 0.7%
CAD Wholesale Sales m/m -1.6% 0.7%
USD Prelim UoM Consumer Sentiment 80.8 79.0