Support level is a term that defines the price level of the asset that the asset doesn’t fall lower than. When this level is reached by the asset traders need to BUY it.

USD is usually traded against a single currency. But in case you wish to trade it against several of the currencies you may as well say that you trade it against a ‘basket’ of currencies. For a greenback there are six major currencies Euro, Japanese yen, Pound sterling, Canadian dollar, Swedish krona, Swiss franc.

A deal blotter is trader’s record of all of the executed trades in any and on a given day. It usually includes basic and additional information on all of the trades. For forex traders a deal blotter has to contain opening and closing price initiated by a trader.

Quadrupule witching refers to fours certain dates in a year when stock index options, stock index futures, stock options and single stock futures expire. It happens at the same time for all four of the securities at the third Friday of March, June, September and December. Last hour of trading on these days see a horrific increase in the volume of trades.

Direct quote is an exchange rate for foreign currency that involves a quote in fixed unites against different amount of the domestic currency. For example, a direct quote of the $ against the Canadian dollar in the US is U.S. $0.79394 = C $1 for 2018.

Currency symbol is a graphical representation of the name of a specific currency that is used internationally and in the markets. The best representation of the currency symbols are $, €, £ and ¥.

Constant dollar is a calculation that is used to measure a performance of the dollar in one year to its performance another year. Due to inflation the purchasing power of the currency is getting weaker and in order to have a proper calculation and properly compare dollar values from different years a calculation for the constant dollar has to be made.

Depressed is a description that can be used with either – currency, market, asset, security, commodity and so on. It is a state that is characterized by the falling prices, low production and circuitism as well as little number of buyers and low consumer confidence. Economy can also be depressed – that means that the economy saw several recessions in a row.

Circuitism is a term that can explain how the banks deal with and produce the money as well as how the firms hold their production and how their workers are contributing to the production and consumption and how that money, produced by the bank end up back in the bank as the result of the process.

Monetarist is an economist whose entire beliefs system is built on a notion that all of the monetary changes depend on the monetary supply. Monetarists strongly believe that all of the economic problems can be fixed by manipulating monetary supply of the country.

Calgary dollar is local equity that was developed by the city of Calgary in Alberta province, Canada. It is an extremely interesting phenomenon as this financial system is fully integrated into the national financial system of Canada. The currency was initially introduced to improve economic relations and increase self-regulations of the city.

Portfolio Is a gathering of trading assets like bonds, commodities, stocks, indices and equities including closed funds and mutual exchange-traded funds. Portfolio can also include non-publicly traded instrument like real-estate and private investments. Portfolios are regularly held by the assets managers or various financial professionals, who can also hold multiple portfolios.