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Definition
Situation in which offers are greater than bids.
Offered Market
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Related Terms
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The Employment Situation Report is released on a monthly basis. It includes a basket of employment reports...
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Stands for the London Inter-Bank Offered Rate. It is used as a reference rate by banks to borrow from other...
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If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
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The total value of goods and services produced within the borders of the United States, regardless of who...
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The average directional index, or ADX, was developed by J. Welles Wilder as a measure of a current market...
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Top Forex Market Movers of the Week (May 1-5, 2017)
Last week’s themes of euro domination and yen bashing continued to play out this week, with Aussie weakness as a new theme. What drove price action on these currencies? And how about the other currencies? How did they fare this week? Time to find out!
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4 Steps to Entering Forex Trade Orders Like a Boss
A single mistake could spell the difference between winning and losing a trade, so it’s important that you develop the habit of carefully entering your trade orders.
Read More3 Factors That Have Kept The Aussie Afloat
G’day, forex mates! As you may or may not know, the Aussie has been trending broadly higher since the end of December 2016, shrugging off any disappointing economic reports that were thrown in its way. What’s up with that? Well, here the 3 major factors that have helped in sustaining the Aussie’s broad-based upward push.
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London Session Recap: EUR, CHF, & NZD Find Bids in Steady Session
Not much in terms of economic reports or market-moving news during today’s morning London session. As such, trading conditions were a bit tight during the session. Even so, it wasn’t a complete snooze fest since the euro and the Swissy got steadily bid higher while the Kiwi got jumped by buyers near the end.
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