It means the business day specified for delivery of the currencies bought and sold under a forex contract. Swap The simultaneous purchase and sale of the same amount of a given currency for two different dates, against the sale and purchase of another. A swap can be a swap against a forward. Swift Society for Worldwide Inter-bank Financial Telecommunication is a clearing system for international trading. The study of the price that reflects the supply and demand factors of a currency.
Common methods are flags, trend-lines spikes, bottoms, tops, pennants, patterns and gaps.
The date on which a trade occurs. The buying or selling of securities resulting from the execution of an order. Transaction Exposure Potential profit and loss generated by current foreign exchange transactions. Tomorrow To Next Simultaneous buying and selling of a currency for delivery the following day and selling for the next day or vice versa. Value date Settlement date of a spot or forward deal.