Forex - FX

PSI — Private Sector Involvement A central demand of leading European politicians in the Greek rescue effort, the PSI refers to private-sector creditors taking losses or haircuts on their debt holdings. ISM manufacturing index An index that assesses the state of the US manufacturing sector by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. There is no central marketplace for currency exchange ; trade is conducted over the counter. Shorts Traders who have sold, or shorted, a product, or those who are bearish on the market. CTAs Refers to commodity trading advisors, speculative traders whose activity can resemble that of short-term hedge funds; frequently refers to the Chicago-based or futures-oriented traders. Approved by Greece in February, these clauses allow the country to force all holders of bonds subject to Greek law to participate in the debt swap.

Forex Trading Abbreviations (Full List) A list of professional terms of any sphere is the main instrument for users. Special words help to .

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Currencies exchange rates Currency converter. Categories of FX shortenings For convenience financial market vocabulary can be divided into 3 categories. Forex trading abbreviations contracted forms used for main financial terms Short form Full form Meaning of the term FX Foreign exchange It is an international stock market.

Q Abbreviation for quarter It is a period of time 3 months. BC Base currency The first currency in the currency pair. FY fiscal year abbreviation It is a financial year of a company, i. SLO Sell limit order It is a time-limited order to sell an instrument. GDP Gross domestic product It is a total market price of all products and services calculated in one country for a year.

SA Seasonally adjusted To even swings in periods experts calculate statistics and adjust changes to specific seasons. May June July Aug. Abbreviations for months of the year Commonly recognized contractions of calendar months. CCI Commodity Channel Index An indicator shows the current changes of price depending on its middle index for a particular period of time.

BP Basis Point A measure item for rates, ranges and other percentages. Future of banking in cryptocurrency world What is the future of banking, central banking and financial intermediation in a world in which cryptocurrency is dominant?

Currency symbol - graphic symbol. Currency symbol used as a shorthand for a currency name, especially in reference to amounts of money. Numeric Code - three-digit numeric code.

Numeric Currency Code used in countries with a non-Latin script. It is usually the same as the numeric country code. Alphabetic Code abbreviation - defines the currency name and consists of three letters. The first two letters indicate the two-letter country code defined by ISO which are followed by the initial letter of the currency name. ISO Standard - three-letter alphabetic and three-digit numerical codes of currencies. Sorry, no results were found.

Is actively applied in currency exchange and trading operations, as Australia supports high interest rates, as a rule. Is affected by trading relations with Japan, China and the United States Refers to "commodity" currencies, as the economy of Australia highly depends on commodity export particularly on gold and other metals mining.

Is affected by its neighbor country, USA economy. Refers to "commodity" currencies, as the economy of Canada depends on commodity export particularly, energy, wood and oil. The National Bank set a cap at 1.

Low exchange rate of the national currency was historically favored by the government, supporting exporters and contributing to economic growth.

Is often involved in trading operations as New Zealand is supporting high interest rates, as a rule Depends on commodity exports, particularly on food trade. Is characterized by a relatively high value against other major currencies Is often used as a reserve currency. Unidad de Valor Real. P Paid Refers to the offer side of the market dealing.

Pair The forex quoting convention of matching one currency against the other. Paneled A very heavy round of selling.

Parabolic A market that moves a great distance in a very short period of time, frequently moving in an accelerating fashion that resembles one half of a parabola. Parabolic moves can be either up or down. Partial fill When only part of an order has been executed. Patient Waiting for certain levels or news events to hit the market before entering a position.

Pips The smallest unit of price for any foreign currency, pips refer to digits added to or subtracted from the fourth decimal place, i. Political risk Exposure to changes in governmental policy which may have an adverse effect on an investor's position. Portfolio A collection of investments owned by an entity.

Position The net total holdings of a given product. Premium The amount by which the forward or futures price exceeds the spot price. Price transparency Describes quotes to which every market participant has equal access. Profit The difference between the cost price and the sale price, when the sale price is higher than the cost price. Pullback The tendency of a trending market to retrace a portion of the gains before continuing in the same direction.

Purchasing managers index PMI An economic indicator which indicates the performance of manufacturing companies within a country. Purchasing managers index services France, Germany, Eurozone, UK Measures the outlook of purchasing managers in the service sector.

Such managers are surveyed on a number of subjects including employment, production, new orders, supplier deliveries and inventories. Readings above 50 generally indicate expansion, while readings below 50 suggest economic contraction. Put option A product which gives the owner the right, but not the obligation, to sell it at a specified price. Q Quantitative easing When a central bank injects money into an economy with the aim of stimulating growth.

Quarterly CFDs A type of future with expiry dates every three months once per quarter. R Rally A recovery in price after a period of decline. Range When a price is trading between a defined high and low, moving within these two boundaries without breaking out from them.

Rate The price of one currency in terms of another, typically used for dealing purposes. Real money Traders of significant size including pension funds, asset managers, insurance companies, etc. They are viewed as indicators of major long-term market interest, as opposed to shorter-term, intra-day speculators.

Resistence level A price that may act as a ceiling. The opposite of support. Retail investor An individual investor who trades with money from personal wealth, rather than on behalf of an institution. Retail sales Measures the monthly retail sales of all goods and services sold by retailers based on a sampling of different types and sizes. This data provides a look into consumer spending behavior, which is a key determinant of growth in all major economies.

Revaluation When a pegged currency is allowed to strengthen or rise as a result of official actions; the opposite of a devaluation. Rights issue A form of corporate action where shareholders are given rights to purchase more stock. Normally issued by companies in an attempt to raise capital. Risk Exposure to uncertain change, most often used with a negative connotation of adverse change. Rollover A rollover is the simultaneous closing of an open position for today's value date and the opening of the same position for the next day's value date at a price reflecting the interest rate differential between the two currencies.

RUT Symbol for Russell index. Sector A group of securities that operate in a similar industry. Sell Taking a short position in expectation that the market is going to go down. Settlement The process by which a trade is entered into the books, recording the counterparts to a transaction. The settlement of currency trades may or may not involve the actual physical exchange of one currency for another.

X Symbol for the Shanghai A index. Short-covering After a decline, traders who earlier went short begin buying back. Short position An investment position that benefits from a decline in market price.

When the base currency in the pair is sold, the position is said to be short. Short squeeze A situation in which traders are heavily positioned on the short side and a market catalyst causes them to cover buy in a hurry, causing a sharp price increase.

Shorts Traders who have sold, or shorted, a product, or those who are bearish on the market. Sidelines, sit on hands Traders staying out of the markets due to directionless, choppy or unclear market conditions are said to be on the sidelines or sitting on their hands.

Simple moving average SMA A simple average of a pre-defined number of price bars. For example, a 50 period daily chart SMA is the average closing price of the previous 50 daily closing bars. Any time interval can be applied. Slippage The difference between the price that was requested and the price obtained typically due to changing market conditions. Slippery A term used when the market feels like it is ready for a quick move in any direction.

Sovereign names Refers to central banks active in the spot market. Spot market A market whereby products are traded at their market price for immediate exchange. Spot price The current market price. Settlement of spot transactions usually occurs within two business days. Spot trade The purchase or sale of a product for immediate delivery as opposed to a date in the future. Spot contracts are typically settled electronically. Spread The difference between the bid and offer prices.

Square Purchase and sales are in balance and thus the dealer has no open position. Stock exchange A market on which securities are traded. Stock index The combined price of a group of stocks - expressed against a base number - to allow assessment of how the group of companies is performing relative to the past. Stop entry order This is an order placed to buy above the current price, or to sell below the current price. These orders are useful if you believe the market is heading in one direction and you have a target entry price.

Stop-loss hunting When a market seems to be reaching for a certain level that is believed to be heavy with stops. If stops are triggered, then the price will often jump through the level as a flood of stop-loss orders are triggered. Stop loss order This is an order placed to sell below the current price to close a long position , or to buy above the current price to close a short position.

Stop loss orders are an important risk management tool. By setting stop loss orders against open positions you can limit your potential downside should the market move against you. Remember that stop orders do not guarantee your execution price — a stop order is triggered once the stop level is reached, and will be executed at the next available price. Stop order A stop order is an order to buy or sell once a pre-defined price is reached.

When the price is reached, the stop order becomes a market order and is executed at the best available price. It is important to remember that stop orders can be affected by market gaps and slippage, and will not necessarily be executed at the stop level if the market does not trade at this price.

A stop order will be filled at the next available price once the stop level has been reached. Placing contingent orders may not necessarily limit your losses. Stops building Refers to stop-loss orders building up; the accumulation of stop-loss orders to buy above the market in an upmove, or to sell below the market in a downmove.

Strike price The defined price at which the holder of an option can buy or sell the product. Support A price that acts as a floor for past or future price movements. Support levels A technique used in technical analysis that indicates a specific price ceiling and floor at which a given exchange rate will automatically correct itself.

Suspended trading A temporary halt in the trading of a product. Swap A currency swap is the simultaneous sale and purchase of the same amount of a given currency at a forward exchange rate. T Takeover Assuming control of a company by buying its stock.

Technical analysis The process by which charts of past price patterns are studied for clues as to the direction of future price movements. Ten 10 yr US government-issued debt which is repayable in ten years. For example, a US year note. Thin A illiquid, slippery or choppy market environment. A light-volume market that produces erratic trading conditions. Thirty 30 yr UK government-issued debt which is repayable in 30 years.

For example, a UK year gilt. Tick size A minimum change in price, up or down. Time to maturity The time remaining until a contract expires. Trade balance Measures the difference in value between imported and exported goods and services. Nations with trade surpluses exports greater than imports , such as Japan, tend to see their currencies appreciate, while countries with trade deficits imports greater than exports , such as the US, tend to see their currencies weaken.

Trade size The number of units of product in a contract or lot. Trading halt A postponement to trading that is not a suspension from trading. Trading heavy A market that feels like it wants to move lower, usually associated with an offered market that will not rally despite buying attempts. Trading range The range between the highest and lowest price of a stock usually expressed with reference to a period of time.

Trailing stop A trailing stop allows a trade to continue to gain in value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance. Transaction cost The cost of buying or selling a financial product.

Transaction date The date on which a trade occurs. Trend Price movement that produces a net change in value. An uptrend is identified by higher highs and higher lows. A downtrend is identified by lower highs and lower lows. Turnover The total money value or volume of all executed transactions in a given time period. Two-way price When both a bid and offer rate is quoted for a forex transaction.

U Ugly Describing unforgiving market conditions that can be violent and quick. This is measured quarter-on-quarter QoQ from the previous year. UK claimant count rate Measures the number of people claiming unemployment benefits. The claimant count figures tend to be lower than the unemployment data since not all of the unemployed are eligible for benefits.

UK HBOS house price index Measures the relative level of UK house prices for an indication of trends in the UK real estate sector and their implication for the overall economic outlook. UK jobless claims change Measures the change in the number of people claiming unemployment benefits over the previous month. UK manual unit wage loss Measures the change in total labor cost expended in the production of one unit of output. UK producers price index input Measures the rate of inflation experienced by manufacturers when purchasing materials and services.

This data is closely scrutinized since it can be a leading indicator of consumer inflation. UK producers price index output Measures the rate of inflation experienced by manufacturers when selling goods and services. Underlying The actual traded market from where the price of a product is derived. Unemployment rate Measures the total workforce that is unemployed and actively seeking employment, measured as a percentage of the labor force.

University of Michigan's consumer sentiment index Polls US households each month. The report is issued in a preliminary version mid-month and a final version at the end of the month. Consumer sentiment is viewed as a proxy for the strength of consumer spending. Uptick A new price quote at a price higher than the preceding quote. Uptick rule In the US, a regulation whereby a security may not be sold short unless the last trade prior to the short sale was at a price lower than the price at which the short sale is executed.

US prime rate The interest rate at which US banks will lend to their prime corporate customers. US30 A name for the Dow Jones index. V Value date Also known as the maturity date, it is the date on which counterparts to a financial transaction agree to settle their respective obligations, i. For spot currency transactions, the value date is normally two business days forward. Variation margin Funds traders must hold in their accounts to have the required margin necessary to cope with market fluctuations.

VIX or volatility index Shows the market's expectation of day volatility. The VIX is a widely used measure of market risk and is often referred to as the "investor fear gauge. W Wedge chart pattern Chart formation that shows a narrowing price range over time, where price highs in an ascending wedge decrease incrementally, or in a descending wedge, price declines are incrementally smaller.

Ascending wedges typically conclude with a downside breakout and descending wedges typically terminate with upside breakouts. Whipsaw Slang for a highly volatile market where a sharp price movement is quickly followed by a sharp reversal. Wholesale prices Measures the changes in prices paid by retailers for finished goods.

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21 rows · Complete list of Currency Abbreviations World Currency Names ISO . The Forex market is magic. But for the majority of non-traders, Forex may be a mystery. This article explains in a very simple way how it all began and outlines the most popular abbreviations and Forex trading terms used by traders. May 08,  · Forex Trader's Glossary Forex Trading Terms Technical Analysis Terms Financial Acronyms The following Acronym List is meant as a quickie reference to those acronyms most commonly seen while scanning the pages of Forex Factory. It's obviously not meant to be a complete or comprehensive list.