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.