Forex eBook

Forex Glossary W


Forex Word Meaning
Weak Dollar/ Strong Dollardollar is said to be weak (relative to a previous time period) against another currency when more dollars are required to buy one unit of another currency. The dollar is strong or has gained in strength when fewer dollars are required to buy one unit of another currency. For example, if $1 buys 10 FF in 1989 but today $1 buys only 6 FF then the dollar has weakened against the franc.
Whipsawslang for a condition of a highly volatile market where a sharp price movement is quickly followed by a sharp reversal.
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