forex trading guide
3332 it's assumed the other currency is the U. S. dollar USD. When looking at the quote screen for the first time it may seem confusing at first, however, it's actually very straightforward. Below is an example of a EUR/USD quote. The quote example shows traders how much one euro is worth in US dollars. The first currency in a currency pair is the "base currency" and the second currency is the "counter currency" or secondary currency. When buying or selling a currency pair, the action is being performing on the base currency. For example traders bearish on euros, could sell EUR/USD. Now, when selling EUR/USD, the trader is not only selling euros but is also buying US dollars at the same time. Thus the pair trade.
fx currency rates
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forex managed account
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forex trading guide