Category Archives: Forex Glossary

Open positions that are usually closed by the end of the trading day.

The International Monetary Fund (IMF) is an organization of 186 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

A rate which a borrower pays for holding a lender.

The foreign exchange rates that large international banks quote to other large international banks. Fat chance you’d ever get access to this rate.