major currencies
61Currency strength — expresses the value of currency. For economists, it is often calculated as purchasing power,[1] while for financial traders, it can be described as an indicator, reflecting many factors related to the currency; for example, fundamental data,… …
62Dealing Desk — In foreign currency markets, the location of a financial institution s forex dealers. Since the forex market is open around the clock, many institutions have dealing desks around the world. Dealing desks can also be found outside the foreign… …
63Diversified Carry Basket — A forex trading strategy in which multiple carry trades are conducted simultaneously in order to limit risk. A diversified carry basket uses diversification to reduce exposure to a particular currency position, and can include both major… …
64Dollar Bear — An investor or speculator who is negative on the outlook for the U.S. dollar against other currencies. A dollar bear expects the U.S. dollar to decline against major currencies over time, and will take this factor into consideration when… …
65Dollar Bull — An investor or speculator who is optimistic about the outlook for the U.S. dollar against other currencies. A dollar bull expects the U.S. dollar to rise in value compared most major currencies over time, and will take this factor into… …
66Permitted Currency — A currency that is free from legal and regulatory restrictions to be converted into another currency. A permitted currency is often a minor currency, and has a fairly active market for exchanges with major currencies. Transactions between a major …
67London International Financial Futures and Options Exchange — ( LIFFE) A leading market for trading options and futures on euro money market derivatives. Bloomberg Financial Dictionary London International Financial Futures and Options Exchange ( LIFFE) LIFFE allows investors and business enterprises to use …
68floating exchange rate — A rate of exchange between one currency and others that is permitted to float according to market forces. Most major currencies and countries now have floating exchange rates but governments and central banks intervene, buying or selling… …
69floating exchange rate — A rate of exchange between one currency and others that is permitted to float according to market forces. Most major currencies and countries now have floating exchange rates but governments and central banks intervene, buying or selling… …
70Stock market crash — A stock market crash is a sudden dramatic decline of stock prices across a significant cross section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They… …
