The price at which a trader will buy a currency. Also known as the offer, it's the price a seller is willing to sell at.

Bank of Canada, Canadian central bank.

Bank of England, UK's central bank.

Bank of England, UK's central bank.

Bank of Japan, Japanese central bank.

The currency used as the base to quote a pair. For instance in the EURUSD pair, the EUR is the base currency, in the USDJPY, the USD is the base.

Someone who believes the prices/market will decline.

A market in which prices decline sharply against a background of widespread pessimism (opposite of Bull Market).

The price at which a trader will sell a currency.

See spread