Forex Glossary - FX Terms

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Back Office
The departments and processes related to the arrangement of financial transactions.

Balance of Trade
The value of a country's exports minus its imports.

Bank Lending
This monthly report, produced during the second week of the month, specifies the total number of ...

Bank Rate
The central bank is prepared to lend money to its domestic banking system at a certain rate. This ...

Base Currency
In general terms, the base currency is the currency in which an investor or issuer manages its book ...

BBA Mortgage Approvals
The British Bankers' Association (BBA) Mortgage Approvals measures the number of home loans issued ...

Bear Market
A market characterized by declining prices.

Beige Book
Provides a compilation of anecdotal evidence supplied by the twelve Federal Reserve districts ...

Bid Rate
The rate at which a trader is willing to purchase a currency.

Bid/Ask Spread
The difference between the bid and offer price, and the most widely used criterion of market ...

Big Figure
Dealer slang refers to the first few digits of an exchange rate. These digits rarely change in ...

BOC Autumn Review
The Bank of Canada (BOC) Review is a quarterly publication featuring articles related to the ...

BOC Deputy Governor Duguay Speaks
Bank of Canada (BOC) Senior Deputy Governor Pierre Duguay will deliver a speech titled "The ...

BOC Deputy Governor Jenkins Speaks
Bank of Canada (BOC) Senior Deputy Governor Paul Jenkins will deliver a speech titled "The ...

BOC Monetary Policy Report
The Bank of Canada lists four such reports yearly, in which it announces its projected views for ...

BOE Deputy Governor Lomax Speaks
Bank of England (BOE) Monetary Policy Committee (MPC) Member Rachel Lomax will speak at the Hull ...

BOE Inflation Report
The Bank of England (BOE) Inflation Report provides detailed economic analysis and an assessment of ...

BOE Official Jenkinson Speaks
Bank of England (BOE) Financial Stability Executive Director Nigel Jenkinson will speak about ...

BOJ Governor Fukui Speaks
Bank of Japan (BOJ) Governor Toshihiko Fukui will speak at the Paris EUROPLACE Financial Forum, in ...

BOJ Governor Shirakawa Speaks
Governor Shirakawa will announce Japanese financial growth forecasts.

BOJ Monthly Report
The BOJ (Bank of Japan)'s monthly report entails a detailed summary of changes in the ...

BOJ Press Conference
The Bank of Japan will be holding a press conference, their preferred method of communicating with ...

Book
In a professional trading surroundings, a ‘book’ is the summary of a trader's or desk's total ...

BRC Retail Sales Monitor
The British Retail Consortium (BRC) Retail Sales Monitor measures the change in value of ...

BRC Shop Price Index
The British Retail Consortium (BRC) Shop Price Index measures the rate of inflation (i.e., the rate ...

Bretton Woods Agreement of 1944
The United Nations Monetary and Financial Conference, commonly known as Bretton Woods conference, ...

Broker
An individual or firm that acts as a mediator, putting together buyers and sellers for a ...

BSA Mortgage Approvals
Building Societies Association (BSA) Mortgage Approvals measures the value home loans issued by the ...

BSI Large Manufacturing Conditions
Measures the number of new residential building permits issued. A rising trend has a positive ...

Building Approvals
Determines the level of new residential building permits issued. An upward trend has a positive ...

Building Consents
Ddetermines the level of new residential building permits issued. An upward trend has a positive ...

Building Permits
Determines the level of new residential building permits issued. An upward trend has a positive ...

Bull Market
A market characterized by rising prices.

Bundesbank
Central Bank of Germany.

Business Conditions Orders
 Measures the relative level of purchase orders received by the manufacturing industry. The index ...

Business Confidence
 Measures the mood of businesses in regard to economic expectations. It's derived from a monthly ...

Business Inventories
 Measures the value of goods held by manufacturers, wholesalers, and retailers. A falling trend has ...

Business Investment
 Measures the total amount of capital expenditures by all businesses. A rising trend has a positive ...

Business NZ PMI
New Zealand's performance of manufacturing earning is an early indicator providing levels of ...

 
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