A condition that occurs when a currency or currency pair demonstrates a lower relative price in the forex market than is justified or sustainable, perhaps due to a managed exchange rate or speculative selling. A Forex Trader might look for an undervalued currency pair to establish a long position with the view that its exchange rate will eventually rise over time to better reflect fair value.
Browse by Subjects
International Bank for Reconstruction and Development
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):