Forex Glossary (Part One)
The terms used in Forex
Ask
With this English term indicates the price demanded by the question.
Back office
The department and the procedures that are used to store and establishment of financial transactions of the trading day.
Base currency
Term used to describe the base currency which is the first of the two currencies in a currency cross.
ECB
European Central Bank based in Frankfurt.
Bid
English word which means asking price offer.
Bidirectionality
Ability to take a position on the market is bullish bearish.
BOE (Bank Of England)
Bank of England.
BOJ (BOJ)
Bank of Japan.
Book
And 'the set of orders pending execution.
Broker
It is an intermediary, ie an individual or a company according to the decisions of the customer buys and sells orders ..
Cable
Name change in the jargon of the British Pound / U.S. Dollar.
Candelstick (Japanese Candle)
Type of graphical representation of the price that indicates the value of opening, closing, high and low for a certain period of time.
Capital gains
Realized gain on investment.
Cross rate
Exchange rate.
Dollar
Reference currency of the United States of America.
Euro
Reference currency of the European Union.
Fed
Federal Reserve is the institution that unites the 12 banks in the U.S. financial departments.
Figure
The minimum sum of 100 of each cross currency movements.
Example: in the Euro / dollar figure is comparable to 1 cent.
Flat
No open positions.
Forex (Foreign Exchange Market)
Foreign currency trading market.
Frank
Reference currency of Switzerland.
Related Articles:
Earn Money with Forex in less than 5 minutes a day
English-Italian, with a simple online translator, and subscribe to FREE Forex Signals 
