A recovery in price after a period of decline.



The difference between the highest and lowest price of a future recorded during a given trading session.



The price of one currency in terms of another.



This type of trade involves the sale and later re-purchase of an instrument, at a specified time and date, and occurs in the short-term money market.



A term used in technical analysis indicating a specific price level at which a currency will have the inability to cross above. Recurring failure for the price to move above that point produces a pattern that can usually be shaped by a straight line.


Retail Sales

A high-impact economic indicator that tracks the monthly change in the value of sales at the retail level. Retail sales reports are important to traders because consumer spending accounts for the majority of a country’s economic activity.



Process whereby the settlement of a deal is rolled forward to another value date (the cost of this process is based on the interest rate differential of the two currencies).

Other terms

All terms

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