Forex Glossary

Traders, especially beginners, may not know or understand some Forex terms, so we provide our users with a list of specialized terms with their definitions.

En TermEn Description
Nord Gold

is an international gold-mining company which operates in Russia, Kazakhstan, African states of Burkina Faso, and Guinea. Company’s quotes are traded on London stock market.

BNP Paribas

is a financial conglomerate, one of the world’s largest and reliable banks. According to Standard & Poor’s the bank’s current rating is AA. It has offices in 80 countries all over the world and headquarters in Paris, Geneva, and London with the total amount of employees totaling 200 thousands of people.

COMEX (Commodity Exchange)

is a leading exchange market of valuable metals, department of New York commodity market. Futures contracts are concluded for any month, including the current month. Schedules for trading sessions of every futures contract are individual, but in overall the instruments are trading from Monday to Friday from 8:00 till 13:30. Electronic trading session is hold daily from Sunday to Friday from 6:00 till 17:15.

Goldman Sachs (GS)

is a huge commercial bank, financial conglomerate, established in 1869 by Marcus Goldman and Samuel Sachs in order to perform stock market operations. Currently, the bank’s activity includes investment banking business together with exchange business, as well as management of securities and assets.

MSCI (Morgan Stanley Capital International)

is a leading international analytical company which calculates global, national, and regional stock indices. Review of MSCI indices greatly influences stock markets.


stands for European Stability Mechanism. It is a joint financial fund of the Eurozone countries replacing the two existing EU funding programs.


is the volume of goods a company has produced or services it has provided. It is measured in real and value terms.


is a rate European banks use to borrow funds from peers for three months.

Sentix Investor Confidence Sentix

measures credibility of the Eurozone economy in the eyes of investors. The indicator is calculated on the basis of a survey held among investors and analysts. If the indicator rises, a foreign currency is converted into a national one when buying securities or non-financial assets, which pushes the national currency rate up. Readings of the indicator exceeding forecast bode well for the currency.

PPI (Producer Price Index)

measures changes in prices domestic producers receive for their output.

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