hello my fellow forumites,
some people ask me regarding what cross rate means.
The meaning of cross rate is the exchange rate between any two currencies that are considered non-standard in the country where the currency pair is quoted. For example, in the US, a GBP/JPY quote would be considered a cross rate, whereas in UK or Japan it would be one of the primary currency pairs traded.
The Forex trading » talk about forex option system trading
explanation of retail forex facilitator comparison, rating and evaluation terms
(4 posts)-
Posted 1 month ago #
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what prokasen said
Posted 1 month ago # -
when learning howto study the present market trends, one'd best pay extra special mind to secondary sector industry related news like, for example the fact that AED-CLP rates will be affected by the strengthening in the fabric exports, and accordingly is going to rise, and concentrate on trade related tips like the hypothesis that the UAE Dirham is predicted to recover against the Chilean peso around February 20.
Posted 1 month ago # -
apparently the effect of the market's growth on the UAE Dirham in Chile began surfacing around the time that the unemployment rate are about to to go down and affect the UAE Dirham rates (if correct) could possibly be behind the AED's cavalcade.
Posted 1 month ago #
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