Speculators who take positions in commodities which are then liquidated prior to the close of the same trading day.
An individual or firm that acts as a principal or counterpart to a transaction. Principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an ind
A negative balance of trade or payments.
An FX trade where both sides make and take actual delivery of the currencies traded.
Department of Communities and Local Gove
A monthly survey produced by the DCLG that uses a very large sample of all completed house sales to measure the price trends in the UK real estate market.
A fall in the value of a currency due to market forces.
A contract that changes in value in relation to the price movements of a related or underlying security, future or other physical instrument. An Option is the most common derivative instrument.
The deliberate downward adjustment of a currency\’s price, normally by official announcement.
Interest rate that an eligible depository institution is charged to borrow short-term funds directly from the Federal Reserve Bank.