Forex Glossary (G)

Here are some terms that used in FOREX trading with series of G. 
G10:
G7 plus Belgium, Netherlands and Sweden, a group associated with IMF discussions. Switzerland is sometimes peripherally involved.
G5:
The five leading industrial countries - US, Germany, Japan, France, UK.
G7:
The seven leading industrial countries, being US , Germany, Japan, France, UK, Canada, Italy.
Gamma:
The rate at which a delta changes over time or for one unit change in the price of the underlying asset.
GNP Deflator:
Removes inflation from the GNP figure. Usually expressed as a percentage and based on an index figure.
GNP Gap:
The difference between the actual real GNP and the potential real GNP. If the gap is negative an economy is overheated.
Gold Standard:
The original system for supporting the value of currency issued. This system was in vogue before 1973 when the fixed exchange rates were prevalent.
Gross Domestic Product(GDP):
Total value of a country's output, income or expenditure produced within the country's physical borders.
Gross National Product(GNP):
Gross domestic product plus " factor income from abroad" - income earned from investment or work abroad.
GTC (Good Till Cancelled):
An order left with a dealer to buy or sell at a fixed price. The order remains in place until it is cancelled by the client.

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