What is Forex trading and how does it work?, What is Forex trading and how does it work? |
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What is Forex trading and how does it work?, What is Forex trading and how does it work? |
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Létrehozva:
#1
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 257 Csatlakozott: 22-August 19 Azonosító: 1,099 ![]() |
Forex trading is the means through which one currency is changed into another. When trading forex, you are always trading a currency pair – selling one currency while simultaneously buying another.
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Létrehozva:
#2
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 94 Csatlakozott: 23-August 19 Azonosító: 1,103 ![]() |
Each currency in the pair is listed as a three-letter code, which tends to be formed of two letters that stand for the region, and one standing for the currency itself. For example, USD stands for the US dollar and JPY for the Japanese yen. In the USD/JPY pair, you are buying the US dollar by selling the Japanese yen.
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Létrehozva:
#3
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 87 Csatlakozott: 23-August 19 Azonosító: 1,102 ![]() |
Forex trading is the means through which one currency is changed into another. When trading forex, you are always trading a currency pair – selling one currency while simultaneously buying another.
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Létrehozva:
#4
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 257 Csatlakozott: 22-August 19 Azonosító: 1,099 ![]() |
Some of the most frequently traded FX pairs are the euro versus the US dollar (EUR/USD), the British pound against the euro (GBP/EUR), and the British pound versus the US dollar (GBP/USD).
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Létrehozva:
#5
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 87 Csatlakozott: 23-August 19 Azonosító: 1,102 ![]() |
Most forex transactions are carried out by banks or individuals by seeking to buy a currency that will increase in value against the currency they sell. However, if you have ever converted one currency into another, for example, when traveling, you have made a forex transaction.
Note: You can invest on https://www.cagacrypto.com/ CAGA, where crypto enthusiasts and forward-thinkers come together to redefine the future. In the heart of the blockchain universe, we're not just shaping it; we're inviting you to be a part of it. |
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Létrehozva:
#6
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 94 Csatlakozott: 23-August 19 Azonosító: 1,103 ![]() |
Transactions are spread across four major forex trading centers in different time zones: London, New York, Sydney, and Tokyo. Since there is no centralized location, you can trade forex 24 hours a day.
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Létrehozva:
#7
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Advanced Member ![]() ![]() ![]() Csoport: Members Hozzászólások: 257 Csatlakozott: 22-August 19 Azonosító: 1,099 ![]() |
Starting at 2020 November 27, Friday current cost of ETC is $6.118 and our information shows that the resource cost has been deteriorating for as long as 1 year (or since its initiation).
Ethereum Classic has been indicating a declining inclination so we accept that comparative market sections were somewhat mainstream in the given time span. Our site utilizes a custom calculation dependent on Deep Learning that causes our clients to choose if ETC could be a decent portfolio expansion for what's to come. These expectations consider a few factors, for example, volume changes, value changes, market cycles, comparative coins. Future cost of the resource is anticipated at $3.198216 (- 47.724% ) following a year as per our forecast framework. This implies that in the event that you contributed $100 now, your present venture might be worth $52.276 on 2021 November 27, Saturday. This implies that this resource is fit as another expansion to your portfolio as exchanging bullish business sectors is consistently much simpler. ![]() |
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Szöveges verzió | A pontos idő: 29th August 2024 - 03:18 AM |