Forex Money Signal Glossary For All The uestions You Have

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Fed - The Federal Reserve Bank, the central bank of the United States, or the FOMC (Federal Open Market Committee), the policy setting committee of the Federal Reserve

Fed Officials - refers to members of the Board of Governors of the Federal Reserve or regional Federal Reserve Bank Presidents.

Figure / The Figure - Refers to the price quotation of '00' in a price such as 00-03 (1.2600-03) and would be read as 'figure-three'. If someone sells at 1.2600, traders would say 'the figure was given' or 'the figure was hit.'

Fin Min - abbreviation for Finance Minister

Fix - One of the approximately 5 times during the FX day when a large amount of currency must be bought or sold to fill a commercial customers' orders. Typically these times are associated with market volatility. The regular fixes are (all times NY)

• 5:00 AM - Frankfurt
• 6:00 AM - London
• 10:00 AM - WMHCO (World Market House Company)
• 11:00 AM - WMHCO (World Market House Company)- more important
• 8:20 AM - IMM
• 8:15 AM - ECB

Flat or flat reading- Economic data readings matching the previous period's levels; unchanged.

- Fresh buying or selling interest after a directional break of a particular price level. The lack of follow through usually indicates a directional move will not be sustained and may reverse.

FOMC - Federal Open Market Committee, the policy setting committee of the US Federal Reserve. 2006 voting members are:

• Ben Bernanke - Chairman
• Donald Kohn - Vice Chairman
• Susan Bies - Member
• Frederic Mishkin - Member
• Kevin Warsh - Member
• Randall Kroszner - Member
• Tim Geithner - FRB NY president
• Jack Guynn - FRB Atlanta president
• Jeffrey Lacker - FRB Richmond president
• Sandra Pianalto - FRB Cleveland president
• Janet Yellen - FRB San Francisco president

FOMC minutes - Written record of FOMC policy setting meetings are released 3 weeks following a meeting. The minutes provide more insight into the FOMC's deliberations and can generate significant market reactions.

- refers to hedge fund types active in the market, also used as another term for USD/CAD pair.

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