forex quotes
EUR/USD 1. 2500 means one euro will buy $1. 25 U. S. dollars. When a trader thinks the base currency will go up relative to the second currency, he "goes long" by taking a buy position. If he thinks the dollar will get stronger, he takes a sell position in the base currency. Suppose he goes long with the euro at $1. 25 and the exchange rate rises to $1. 30. The trader makes a profit because he gets back $1.
forex trading brokers
I can’t help you to become rich in one week trading Forex.
taxes on currency trading
For example, if you want to invest in a company trading on the New York stock exchange from Nigeria, which requires you to convert your Nigerian naira into US dollars, then you can sell an equal amount of USD by buying NGNUSD to hedge your investments.
Recent Updates
forex quotes