Forex glossary of terms
Forex glossary - U
Upgrade - when a ratings agency raises its assigned rating for a borrower.
Uptick - A price quote that is higher than the preceding quote for the same currency.
Uptick Rule - A regulation requiring that if a security is to be traded short, the price in the trade prior to the short trade has to be lower than the price of the present short trade.
U.S. Prime Rate - The interest rate that the major US banks lend to major clients.
Uptrend - A price trend characterized by a series of higher highs and higher lows.
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