Forex Glossary - FX Terms

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Offer
The rate at which a dealer is willing to sell a currency.

Offsetting transaction
A trade with which serves to cancel or offset some or all of the market risk of an open position.

One Cancels the Other Order - O
A designation for two orders whereby one part of the two orders is executed the other is ...

OPEC Press Conference
The Organization of Petroleum Exporting Countries (OPEC) will hold a press conference in Abu ...

Open order
An order that will be executed when a market moves to its designated price. Normally associated ...

Open position
A deal not yet reversed or settled with a physical payment.

Over the Counter - OTC
Used to describe any transaction that is not conducted over an exchange.

Overall Household Spending
Measures the total amount spent by households on goods and services. A rising trend has a positive ...

Overnight
A trade that remains open until the next business day.

 
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