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Forex glossary - L
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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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The following terms will appear in the glossary soon:
- Large Traders
- Last Notice Day
- Last Trading Day
- Leaps
- Licensed Warehouse
- Life of Contract
- Limit Down
- Limit Move
- Limit Only
- Limit Position
- Limit Price
- Limit Up
- Limited Partnership
- Linkage
- Liquid
- Liquidate
- Liquidation
- Loan Program
- Loan Rate
- Local
- Locked In
- Long Hedge
- Long Position
- Long the Basis
- Lookback Option
- Low