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Forex glossary - B

Balance of Forex market trading - Country's exports minus its imports.

Balance of Trade - Exports less imports.

Bank Notese - Paper money issued by the central bank.

Bank Rate - At this rate a central bank lend money to the domestic banking system.

Bar Chart - It is the image of the price direction in the form of diagram.

Base Currency - It is the currency in which an investor maintains its book of accounts. In the FX markets, the US Dollar is normally considered the 'base' currency for quotes.

Bear - Market participant whose purpose is to decline prices.

Bid - A price value indicating a desire to buy a currency at a given price.

Bid/Ask Spread - The difference between the bid and ask price.

Bid Forex rate - at this rate forex trader is willing to buy a currency.

Book - the summary of a Forex market trader's positions.

Boris - Russian forex trading (slang).

Breakout - Sharp movement of a rate through some conditional border.

Broker - Intermediary in the market, who puts together buyers and sellers for a fee or commission.

Brokerage - Broker's commission or broker strategy.

Brokerage Fee - Sum of money charged by a broker for executing a transaction.

BUBA - Bundesbank, the central bank of Germany.

Bull - Market participant whose purpose is to increase prices.

Bundesbank - Central bank of Germany.

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