(Cotation Assistée en Continu): The benchmark French stock market index. It is a capitalization-weighted measure of the top 40 companies among the 100 with the largest market capitalization on the Euronext Paris.
Canadian Dollar, also referred to as a Loonie.
Used in technical analysis to show an instruments price action over a defined period of time. They are formed by a rectangle whose edges are defined by opening and closing prices, with thin lines on both ends recording highs and lows over the period measured by the candlestick.
Carry trade Buying a currency with a high interest rate and funding it using a currency with a lower interest rate, with the aim of profiting from the interest rate differential.
(Commodity Channel Index): A cyclical indicator that is used to detect overbought and oversold states in the market.
A process by which a central bank attempts to influence exchange rates. The central bank may buy or sell its currency in a market to manipulate the price, or make a “verbal intervention” and vocally support weakening its currency’s exchange rate.
(Contract for Difference): a trading instrument that enables traders to speculate on stocks, commodities, and other instruments without needing to buy the actual asset. Contracts are entered into at the asset’s price at time of purchase and sold at the price for time of sale, with only the difference between prices being exchanged.
Someone who uses charts and technical analysis to find market trends.
A long or short position may be closed by making a trade in the opposite direction. A trader can close a short position by buying the same instrument, or close a long one by selling it. A closed position is said to be flat.
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