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Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again!


ISM Manufacturing PMI

A monthly survey where purchasing managers are asked to rate business activity in the manufacturing sector and more specifically, on production, employment, new orders, prices, supplier deliveries and inventories. A reading above 50 is bullish for the US Dollar, while a reading below 50 is bearish. Released monthly by the Institute of Supply Management.

Category: Economic Reports

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