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Forex Terms
A glossary of forex related terms.
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There are 7 entries in the glossary.
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Term Definition
BearSomeone who believes the prices/market will decline.
 
Bear MarketA market in which prices decline sharply against a background of widespread pessimism (opposite of Bull Market).
 
Bid / Ask SpreadThe quote at which currency traders are willing to buy or sell a currency pair.
 
Bid PriceThe price at which traders are willing to buy a currency pair.
 
Bretton Woods Accord of 1944An agreement that established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and set the price of gold at US $35 per ounce. The agreement lasted until 1971. See More on Bretton Woods.
 
BullA trader who believes the prices/market will rise.
 
Bull MarketA market characterised by rising prices. Price increase at the market over a longer period.
 


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