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Forex glossary - L

Lagging Indicators - fundamental indicators reflecting the general direction of the economy. They confirm or deny the trend implied by the leading indicators. Also known as Concurrent Indicators.

Leading Indicators - fundamental indicators that help to predict future economic activity.

Leverage - A credit shoulder; a parity between extra and own means.

LIBOR - abbreviation for The London Inter-Bank Offered rate.

Limit Order - this type of order defines and restricts the maximum price to be paid or the minimum price to be received.

Liquidity - The ability of a market to accept large transaction with minimal to no impact on price stability.

Long - One who bought currency or owns a cash commodity. Opposite of Short.

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