Balance of Payments (BOP)
A record that tracks a country’s transactions over a particular period of time.
Balance of Trade
The difference in value between a country’s imports and exports over a particular period of time.
The interest rate that the central bank of a country gives loans to domestic comercial banks.
A common diagram used to study the price action of currency pairs.
A term used in trading Foreign Exchange. When quoting currency pairs, it is the first currency that you trade the secondary/quoted currency against. Example: EUR/USD – the Euro is the base currency, and the US Dollar is the quote currency.
An investor who believes that the price of a particular asset will fall and attempts to profit from a decline in stock prices.
The financial market in which asset prices are falling, encouraging selling.
The selling price of a specific financial asset.
The first two to three digits of a Foreign Exchange rate or price.
A collection of data defining transactions that took place in a particular period of time. After being published, blocks cannot be changed and therefore are linked with other blocks to creat a chain of data.
A ledger of transactions made in cryptocurrencies that are recorded chronologically.
Shares of well-established companies, considered to be a reliable investment.
This is when there is no profit or loss experienced when making a transaction.
Bretton Woods Agreement
An agreement for an international monetary system. This agrement was signed in 1944 in the United States.
A slang term for the Currency of the United Kingdom, short for the Sterling Pound.
A person who buys and sells financial assets as a middleman between retail traders and established financial corporations.
An investor who believes that the price of a particular asset rise fall and attempts to profit from an increase in stock prices.
The financial market in which asset prices are rising, encouraging buying.
Buy Limit Order
An order to buy a security at or below a specified price.