(Glossary of Forex (Foreign Exchange) Terminology )
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Aggregate Demand -
The sum of government spending, personal consumption expenditures, and business expenditures.
Appreciation - A currency is said to ‘appreciate ‘ when it strengthens in price in response to market demand.
Arbitrage - The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets.
Around - Dealer jargon used in quoting when the forward premium/discount is near parity. For example, “two-two around” would translate into 2 points to either side of the present spot.
Ask Rate - The rate at which a financial instrument if offered for sale (as in bid/ask spread).
Asset Allocation - Investment practice that divides funds among different markets to achieve diversification for risk management purposes and/or expected returns consistent with an investor’s objectives.