Currency Forex
Currency Trading Forex Spreads Live Forex Trading Forex is a portmanteau of foreign currency and exchange. foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or. The base currency is the first currency that appears in a forex pair. this currency is bought or sold in exchange for the quote currency. so, based on the example above, it will cost a trader 1. 0916 usd to buy 1 eur. alternatively, a trader could sell 1 eur for 1. 0916 usd. The dollar also gained versus most currencies, though still underperformed the yen. the risk-sensitive aud-jpy led the way, racking up a 2% intraday loss, while aud-usd dove by 1. 5%. lofty levels, with aud-jpy last week reaching a 13-month high, and aud-usd hitting an 11-month peak in early trade today, encouraged profit taking. How to trade forex. trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of...