Rally
A recovery in price after a period of decline.

Range
The difference between the highest and lowest price of a future recorded during a given trading session.

Rate
(1) The price of one currency in terms of another, normally against USD.
(2) Assessment of the credit worthiness of an institution.

Reaction
A decline in prices following an advance.

Reciprocal currency
A currency that is normally quoted as dollars per unit of currency rather than the normal quote method of units of currency per dollar. Sterling is the most common example.

Resistance
A price level at which you would expect selling to take place due to technical analysis. The resistance level of one currency is the support level for the other.

Resistance Point Or Level
A price recognized by technical analysts as a price which is likely to result in a rebound but if broken through is likely to result in a significant price movement.

Revaluation
Increase in the exchange rate of a currency as a result of official action.

Revaluation Rate
The rate for any period or currency which is used to revalue a position or book.

Risk Management
The identification and acceptance or offsetting of the risks threatening the profitability or existence of an organization. With respect to foreign exchange involves among others consideration of market, sovereign, country, transfer, delivery, credit, and counterparty risk.

Risk Neutrality
An attitude that risks should neither be sought nor avoided, but should be accepted whenever they arise.

Risk Position
An asset or liability, which is exposed to fluctuations in value through changes in exchange rates or interest rates.

Rollover
Where the settlement of a deal is rolled forward to another value date based on the interest rate differential of the two currencies.

Round Trip
Buying and selling of a specified amount of currency.