The big figure is the stem, or whole dollar price, of a quote, often used in reference to foreign currencies or money markets. It references the non-pip portion of the price quote.
With every market comes a new vocabulary. While the stock, bond and other more “traditional” markets usually share some very basic vocabulary, the foreign exchange market has lingo all of its own.
Tim Ord
Ord Oracle
Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...
