forex trading analysis
The currency pair shows how much of the quote currency is needed to purchase one unit of the base currency. QUOTE CURRENCY: The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency. This is also known as the "secondary currency" or "counter currency". Now that we've reviewed basic terminology, let's look at some of the differences between trading stocks vs.
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This was a deliberate attempt by the European market to break way from its dollar dependency.
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The average trader is unlikely to have enough time to check all of the various features of the forex platform packages offered by the brokers and even if he had time, it is not possible to fully evaluate and appreciate the complex features of a good trading platform with a cursory examination.
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forex trading analysis