Currency trading Glossary

Here are some of the most typical terms used in FOREX dealing.

Ask Price — Sometimes called the Offer Price, this is the rate for traders to buy forex dealing. Ask Costs are proven on the right part of a quote — e.g. EUR/USD 1.1965 / 68 — indicates that one money can be bought for 1.1968 UD money.

Currency trading Glossary

Here are some of the most typical terms used in FOREX dealing.

Ask Price — Sometimes called the Offer Price, this is the rate for traders to buy forex dealing. Ask Costs are proven on the right part of a quote — e.g. EUR/USD 1.1965 / 68 — indicates that one money can be bought for 1.1968 UD money.

Currency trading Market Provides Chance And Information

Forex dealing is what is called an international return forex forex industry, where foreign return are exchanged each and every day. There are five fx industry centers around the world — New York, London, Tokyo, Frankfurt and Zurich. One does not need to be on the dealing floor, so to speak to be involved in industry. Today, forex forex dealing can be done from home on a computer.