Grexit is an abbreviation for "Greek exit," and nominates Greece's possible withdrawal from the Eurozone – a topic heavily discussed after the fallout of financial crisis 2008.
Grexit is an abbreviation for "Greek exit," and nominates Greece's possible withdrawal from the Eurozone – a topic heavily discussed after the fallout of financial crisis 2008.
Green shoots is a term taken from agriculture to describe economic recovery and positive economic data signaling about a recovery.
Gartley pattern is a trading chart pattern that can help traders spot trends and their reversal based onFibonacci numbers. The pattern can also help trader identify highs and lows of the trade.
Gain is an increase in value of the asset. Gains can occur when the initial selling price is higher than the purchasing one. Gross gain in its turn is refers to the positive difference between the sale price and the purchase price.
GBP is the abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories of South Georgia, the South Sandwich Islands and British Antarctic Territory and the U.K. crown dependencies: the Isle of Man and the Channel Islands. The African country of Zimbabwe also uses the pound. The British pound is pegged to the Falkland Islands pound, Gibraltar pound, Saint Helenian pound, Jersey pound (JEP), Guernsey pound (GGP), Manx pounds, Scotland notes and Northern Ireland notes.
A greenback is a slang term for U.S. paper dollars. Greenbacks got their name from their color, however, in the mid-1800s, "greenback" was a negative term. During this time, the Continental Congress did not have taxing authority. As a result, the greenbacks did not have a secure financial backing and banks were reluctant to give customers the full value of the dollar.