FX (Forex) Jargon

The Aussie A slang term for the Australian Dollar. The Kiwi A slang term for the New Zealand Dollar. The Bid Refers to the bid price, which is the price the market will currently purchase a specific currency pair for. The bid price will always be higher than the ask price. Learn Forex Jargon ” David G. says: September 7, at pm.

Bear - refers to someone who believes that the position or the market will go down. The forex market, on the other hand is open 24 hours a day 5 days a week, meaning the only time it can gap is on a monday morning.

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Impress Your Date with Forex Lingo. Partner Center Find a Broker. As in any new skill that you learn, you need to learn the lingo especially if you wish to win your love’s heart. You, the newbie, must know certain terms like the back of your hand before making your first trade.

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