Understanding the quotation and pricing structure of currencies is essential for investors who want to trade currencies in theforexmarket. Market makers tend to trade specific currency pairs directly or indirectly. In adirect quote, the quote currency is the foreign currency. In anindirect quote, th...
The term counter currency refers to the reference or second currency in acurrency pair. Counter and base currencies are part of the currency or foreign exchange (forex) market. A trader or investors can determine how much of the countercurrencythey need to sell in order to purchase one unit ...
It’s called an exchange rate, and in the global currency market, it’s always in relation to another currency. The value of a currency relative to another is reflected in the exchange rate. Inflation, interest rates, trade balance, and a country’s overall economic and political stability ...
Definition:A foreign exchange rate is the price of the domestic currency stated in terms of another currency. In other words, a foreign exchange rate compares one currency with another to show their relative values. Since standardized currencies around the world float in value with demand, supply...
3) What kind of foreign currency have you got, sir? 您有哪种外币?4) Who is speaking, please? 请问您哪位?5) What manner of man is he? 他是哪种人?6) What kind of jade is that? 那是哪种玉?补充资料:请问 1.敬辞。用于请求对方解答问题。 2.犹试问。 3.请安问候。 说明:补充资料仅...
Political stability is one factor that can affect prices in the foreign exchange market. When social unrest threatens a government’s ability to exert authority, its currency value can suffer. Foreign traders, whether small-scale or large, will be reluctant to exchange a more stable currency for...
But by 1971, the US had declining gold reserves. To fix the issue, President Richard Nixon moved the US off the gold standard and discontinued issuing gold to foreign governments in exchange for US dollars.³ Instead, the government would issue a fiat currency backed by the government itself...
I always have the worst trouble calculating currency exchange rates. My husband and I travel, and I always have to have him be my on the spot "currency calculator". I can never keep up with it. All that foreign currency just looks like Monopoly money to me -- it's so pretty that I...
You must exchange any foreign currency 相关内容 a我是奥特曼 I am an Ottmann[translate] a你那里现在是几点啊 正在翻译,请等待...[translate] a这么难的问题我怎么解得出来呢 正在翻译,请等待...[translate] aTonight I feel close to you。 今晚我感觉紧挨您。[translate] ...
Forex trading, also known as foreign exchange or FX trading, is the conversion of one currency into another. FX is one of the most actively traded markets in the world, with individuals, companies and banks carrying out around $6.6 trillion worth of forex transactions every single day.外汇交易...