Currencies Are Traded in Pairs

Best Cash Back Forex Rebates : School Currencies Are Traded in Pairs Forex trading is the simultaneous buying of one currency and selling another. Currencies are traded through a broker or dealer, and are traded in pairs; for example the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY). […]

What is Traded?

The simple answer is MONEY. Because you’re not buying anything physical, this kind of trading can be confusing. Think of buying a currency as buying a share in a particular country, kinda like buying stocks of a company. The price of the currency is a direct reflection of what the market thinks about the current […]

What is Forex?

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet (if you’re a dude) or purse (if you’re a lady) or man purse (if you’re a metrosexual) into the currency of the country you are visiting. […]