The buying and selling of currency pairs is known as forex trading.
When you begin trading Forex, you must first comprehend that you are simultaneously buying and selling a currency. You must register with a broker or dealer to gain access to these currency pairings.
A currency pair would be, for instance, EUR/USD, which represents the euro against the US dollar. When trading this currency pair, you must first sell your EUR in order to buy USD, and vice versa.
REMEMBER: When trading currencies on the Forex market, you always buy and sell in pairs.
Major currency pairs
- EUR/USD (Eurozone / United States )
- USD/JPY (United States / Japan)
- GBP/USD (United Kingdom / United States)
- USD/CHF (United States/ Switzerland)
- USD/CAD (United States / Canada)
- AUD/USD (Australia / United States)
- NZD/USD (New Zealand / United States)
2 Comments
Philip W
Posted October 7, 2018 ReplyPhasellus hendrerit. Pellentesque aliquet nibh nec urna. In nisi neque, aliquet vel, dapibus id, mattis vel, nisi. Sed pretium, ligula sollicitudin laoreet viverra, tortor libero sodales leo, eget blandit nunc tortor eu nibh. Nullam mollis. Ut justo. Suspendisse potenti.
Philip W
Posted October 7, 2018 ReplyPhasellus hendrerit. Pellentesque aliquet nibh nec urna. In nisi neque, aliquet vel, dapibus id, mattis vel, nisi. Sed pretium, ligula sollicitudin laoreet viverra, tortor libero sodales leo, eget blandit nunc tortor eu nibh. Nullam mollis. Ut justo. Suspendisse potenti.