Category Archives: Forex Glossary

A physical substance traded on an exchange. Typical commodities include “energy” (such as crude oil), “metals” (such as gold and silver) and “soft” commodities (foodstuffs such as sugar, wheat and coffee).

Currencies of the countries, whose exports are mainly based on natural resources. The group may include currencies of both developing and developed countries, such as the Canadian dollar, the Australian dollar, the New Zealand dollar, the Russian ruble and others.

A trade order to buy or sell but closes at the end of the trading day. Hence- End of day order. Also known as an EOD.

A type of cryptocurrency based on Bitcoin software but has anonymity features that makes it impossible to trace transactions to an individual. It was created by Evan Duffield in 2014 and was previously known as XCoin (XCO) and Darkcoin.