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 For most transactions.

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Cody Django



Posts : 22
Join date : 2017-04-23

PostSubject: For most transactions.   Tue May 09, 2017 10:52 pm

For most transactions, either the USD or EUR is used as the base currency. If a trader thinks that the value of the US dollar will decrease in value relative to the Euro, he or she might buy the EUR/USD, currency pair and then later sell the pair for a profit when the value of the pair increases which is representing a decrease in the value of the USD the quote currency. ENCAPITAL giving their trader all major currencies to trade.
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Jp Duminy



Posts : 147
Join date : 2017-03-19

PostSubject: Re: For most transactions.   Sun May 14, 2017 2:05 am

Forex transactions involve two currencies. One currency is purchased while the other is sold. Consider the EUR/USD currency pair. If you bought this pair you would be buying euros and selling dollars. If you sold this pair you would be selling euros and buying dollars. As more traders buy the EUR/USD pair the value of the euro strengthens relative to the dollar and the exchange rates increases. Likewise when more traders sell the EUR/USD the value of the euro weakens relative to the dollar and the exchange rate decreases.I can easily carry the lowest transaction cost with Tarde12 broker.
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For most transactions.
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