Forex Terms

A glossary of forex related terms.

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There are 6 entries in the glossary.
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Term	Definition
Cable	Dealers slang for the Sterling/US Dollar exchange rate. (GBP/USD)
Call Rate	The overnight interbank interest rate.
Cash Market	The market for the purchase and sale of physical currencies.
Commission	A fee charged by the forex broker for executing your trade, this is a one time fee per trade. Most forex brokers charge NO commission.
Cross Rate	An exchange rate between two currencies, usually constructed from the individual exchange rates of the two currencies, measured against the United States dollar.
Currency Risk	The risk of incurring losses resulting from an adverse change in exchange rates.
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