Sébastien Haller

Making an open and close trade in the same product in one day.

Currency is the money underpinned by the legal tender system unique to a particular country or economic area. Currency gets used as a medium of exchange for goods and services. Currency in the form of paper or coins gets issued by governments and central banks and is usually accepted at face value as a payment method.

A three-letter symbol that represents a specific currency. For example, USD (US dollar).

Refers to CAD (Canadian dollar), Aussie (Australian dollar), Sterling (British pound) and Kiwi (New Zealand dollar) – countries off the Commonwealth.

The second listed currency in a currency pair.

The difference between the buying and selling price of a contract.

A monthly survey produced by the DCLG that uses a very large sample of all completed house sales to measure the price trends in the UK real estate market.

A currency pair is a price quote of the exchange rate for two different currencies traded in FX markets: known as the base currency and the quote currency. The exchange rate of a currency pair indicates how much of the quote currency is needed to purchase one unit of the base currency.

The sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). The balance of trade is typically the key component to the current account.

The market is ready to sell-off hard.