Forex Dictionary
| Term |
Equivalent terms |
Definition |
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Unconvertible Currency
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A currency that cannot be exchanged for another because of foreign exchange regulations. |
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Undervalued
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When a currency is below its purchasing power parity it is considered undervalued. |
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Unit
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A widely used quantity of currency. |
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Unrealized Profit
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Unrealized Loss
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A hypothetical valuation of the current position and the resultant profit or loss if the position were to be liquidated at that moment, and become realized profits and losses when the position is closed. |
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Unsterilized Intervention
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An unsterilized intervention is where a country's central bank directly buys or sells its own currency in an attempt to influence the value of it. |
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Unsystematic Risk
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Unsystematic risk is the risk that affects one or more currency pairs rather than the whole forex market. Examples would be political unrest in a country, natural disasters in a region, trade embargoes etc. |
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Uptick
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A new price quote at a price higher than the preceding quote. |
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Uptick Rule
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In the U.S., a regulation whereby a security may not be sold short unless the last trade prior to the short sale was at a price lower than the price at which the short sale is executed. |
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US Dollar
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USD
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The currency of the United States of America. |
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US Dollar Index
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USDX
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The US Dollar Index (USDX) is a market index that tracks the value of the US dollar (USD) relative to the Euro (EUR), the British pound (GBP), the Japanese yen (JPY), the Canadian dollar (CAD), the Swiss franc (CHF) and the Swedish krona (SEK). |
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US Prime Rate
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The interest rate at which banks in the US will lend to their prime corporate customers. |
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US Treasury
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The department within the United States government that is responsible for issuing Treasury bills, notes, and bonds. |
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