Forex trading is the simultaneous buying of 1 currency and selling of another.
When you trade in the forex market, you buy or sell in currency pairs through a “forex broker” or “CFD provider”.
An exchange rate is the relative price of 2 currencies from 2 different countries and it fluctuates based on which currency is stronger at the moment.
Categories of currency pairs:
42
249 reads
CURATED FROM
IDEAS CURATED BY
I want to make summary of what I have learned about Forex so that I can refresh it again.
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates