Posts Tagged ‘currency code’
Trading of any form if conducted for monetary gains mean to buy low but sell high. This rule applies to forex trading as well. Forex trading means the trading of currencies of various countries. The currencies are traded in pairs and they have their price and value in comparison to other currencies. Currency prices are continuously in motion as they are subject to change due to many reasons like interest rates, time of the day, economical parameters, policies of the central banks, anticipations and trade practices of the traders involved and several other reasons.