Day Trader - Speculators who take positions in commodities which are then liquidated prior to the close of the same trading day.Dealer - An individual or firm that acts as a principal or counterpart to a transaction. Principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission.Deficit - A negative balance of trade or payments.Delivery - An FX trade where both sides make and take actual delivery of the currencies traded.Department of Communities and Local Government (DCLG) UK House Prices – A monthly survey produced by the DCLG that uses a very large sample of all completed house sales to measure the price trends in the UK real estate market. Depreciation - A fall in the value of a currency due to market forces.Derivative - A contract that changes in value in relation to the price movements of a related or underlying security, future or other physical instrument. An Option is the most common derivative instrument.Devaluation - The deliberate downward adjustment of a currency's price, normally by official announcement.Discount Rate – Interest rate that an eligible depository institution is charged to borrow short-term funds directly from the Federal Reserve Bank.