Base Currency

Trading Basics

Base Currency

The first currency quoted in a forex pair.

Other Trading Basics

Annuity

A guaranteed income for the rest of someones life.

Historically purchased with pension lump sums.

The buyer is swaping cash now for future income.

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Carry Trade

A forex trading strategy of borrowing funds in a low-interest rate currency and buying assets in higher yielding currency.

For years this was selling Yen to buy Dollars.

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Bear Raid

When bears team up to push the price of a security down, normally by short selling and/or rumours.

This is illegal.

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Learn the skills needed to trade the markets on our Trading for Beginners course.