Economic condition where consumer goods price increases, limiting buying power.

A currency appreciates when it’s value increases.

Rate at which non-market makers can buy a specific currency.

Investment practice that divides funds among different markets to achieve diversification for risk management purposes.

The value of a country's exports minus its imports.

The currency the investor uses. For example, the US dollar is generally the base currency for quotes. The exceptions are the British pound, euro and Australian dollar.

A market characterized by declining prices. Bid Rate: The rate at which a trader is willing to sell a specific currency.

The difference in price between the buying and selling of a currency. It’s the most common used of market’s measure liquidity. The closer are the spreads, normally higher liquidity.

An individual or a company that acts as intermediary, managing investors' orders to buy or sell currencies. Some brokers charge commission for this service.

Slang for the GBPUSD exchange rate.