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Quoting Conventions In Currency Trading

Posted by Ihtasham Owais Sunday, July 19, 2009

In the currency trading market, currency trading is always done in pairs. Also, all trades are the result of the simultaneous buying of one currency and the selling of another currency. The “basis” for the buy or the sell is called the base currency. If it helps, you can think of the currency pair as an instrument that can be bought or sold.

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