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Terms beginnings with 'G'
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G20
An international economic forum. Members of G20 account for 85 per cent of global GDP and include 20 finance ministers and central bank governors from 20 major economies. The participants represent 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States) and the European Union spoken for by the president of the European Council and by the ECB governor. -
G7
A group of 7 nations formed in 1975 to meet regularly and discuss International Economic and Monetary Policy. Members include France, Germany, Italy, Japan, the U.S., the U.K., and Canada. For various activities is regularly extended to G8 (G7 + Russia), G10 (G7 + the Netherlands, Sweden, and Belgium), and G20 formats. -
GBP
The currency code for the British pound sterling, the official currency of the United Kingdom. The currency is often referred to as pound, sterling, and pound sterling. -
Gold
Is the user status that becomes available when the user's overall balance exceeds 2,499.99 USD. This status allows its holders to enjoy all the benefits of Bronze and Silver, as well as the ability to make faster withdrawals and deposits, trade with lower spreads on the Forex extended currencies, complete deposit bonuses under better terms (the number of the lots to trade equals the bonus amount divided by 2.5), and accumulate more prize lots (1.25 prize lots for 1 lot traded). Gold status holders can be downgraded to Silver if their balance goes below 2,000 USD. -
Gold standard
A monetary system according to which economic exchanges are based on the value of physical gold. It can refer to three separate cases:- the value of a national currency is fixed and directly connected to the price of gold,
- gold acts as a principal medium of exchange,
- a standard of international trade where exchange rates of currencies of some (or all) countries are based on their relative gold parity values.
Mostly abandoned by world economies since the 1930s. -
Good till canceled (GTC) order
A type of order in the stock market that remains active indefinitely until the trader cancels it or the order is executed. GTC orders are commonly used by traders who want to sell or buy a stock at a specific price but are unsure when the market will reach that price. It allows them to place an order at their desired price and wait for the market to move in their favour. However, the order will remain open indefinitely unless the market reaches the specified price. -
Grid trading
Is a trading technique employed during normal price volatility in currency markets by placing sell and buy orders at specified regular intervals below and above a predetermined base price. -
Gross domestic product (GDP)
The market value of all recognised final goods and services in a country in a given period of time. GDP is an economic indicator used to measure an economy's health. GDP = Consumption + Government Spending + Investment + (Exports – Imports). -
Guppy
The nickname for the GBP/JPY forex pair
