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Forex Terms
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1. Warrants A certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific number of securities at a specific price, which is usually above the current market More…
2. Wealth Creation Business A professional service that includes a combination of investment advice, tax services, and estate planning.
3. Whipsaw Refers to when a position is taken and a stop loss is created. The market moves down to trigger the stop loss and then turns around. In this way, the trader suffers two losses
4. Whisper Number Analyst predictions about earnings or economic indicators. They're considered whispers because they are not made public, but inevitably become public through leaks. Some people call More…
5. Wholesale The sale of services, goods, or commodities in large quantities to individual clients.
6. Wire Transfer Electronic transfer of funds from one bank to another.
7. Withholding Tax Income tax withheld from employees' wages and paid directly to the government by the employer.
8. Working Day When the banks in the country of origin for a particular currency are open for business. For currency pairs, this is compounded by the fact that both banks must be open.
9. World Trade Organization A global organization of countries that trade with one another and set rules by which trading is conducted.
10. WTO See World Trade Organization.

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