Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. When consumer confidence is high, consumers make more purchases.
Offer
The suggested price at which a currency can be bought (“Ask” price).
National Futures Association (NFA)
The National Futures Association (NFA) watches over the commodities and futures markets in the United States.
OCO order
OCO order is a combination of two pending orders set to open a position at prices different from the current market price. Execution of one of the two orders brings to an automatic removal of the remaining one.