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Forex glossary - B

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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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The following terms will appear in the glossary soon:

• Back Months
• Back Office
• Back to Back
• Backwardation
• Bad Faith
• Balance of Payments
• Band
• Bank Line
• Banker's Acceptance
• Barrier Option
• Base Rate
• Basis
• Basis Convergence
• Basis Grade
• Basis Point
• Basis Price
• Basis Quote
• Basis Risk
• Basis Trading
• Basket
• Bear Market
• Bear Spread
• Bear Vertical Spread
• Beta
• Big Figure
• Bilateral Clearing
• Binary Options
• Black Scholes Model
• Block Order
• Board of Trade
• Board of Trade Clearing Corporation (BOTCC)
• Board Order
• Boiler Room
• Book Entry Securities
• Booked
• Booking the Basis
• Box Transaction
• Branch Office
• Branch Office Manager
• Break
• Break Even Point
• Bretton Woods Agreement of 1944
• Brief
• Broker Association
• Brokerage House
• Broker-Dealer
• Bucket Shop
• Bucketing
• Bull Market
• Bull Spread
• Bull Vertical Spread
• Bulldogs
• Business Conduct Committee
• Butterfly Spread
• Buy on Close
• Buy on Opening
• Buyer
• Buyer's Market
• Buying Hedge