2025-02-05 07:05
A l'instar de l'industrieQUOTE EXCHANGE
#firstdealofthenewyearFateema
A quote is an exchange rates that expresses the value of one currency in terms of another currency.
Types of forex Quote
1.Direct Quote:A direct quote expresses the value of foreign currency in terms of domestic currency.
2.Indirect Quote:an indirect quote expresses the value of the domestic currency in terms of a foreign currency.
Importance of forex quote
1.price discovery:forex quote help to determine the market price of a currency pair.
2.Trading decisions:forex quote provide with information they need to make informed trading decisions.
3.Risk management:forex quote help traders to manage their risks by providing them with the current price of a currency pair.
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QUOTE EXCHANGE
Nigeria | 2025-02-05 07:05#firstdealofthenewyearFateema
A quote is an exchange rates that expresses the value of one currency in terms of another currency.
Types of forex Quote
1.Direct Quote:A direct quote expresses the value of foreign currency in terms of domestic currency.
2.Indirect Quote:an indirect quote expresses the value of the domestic currency in terms of a foreign currency.
Importance of forex quote
1.price discovery:forex quote help to determine the market price of a currency pair.
2.Trading decisions:forex quote provide with information they need to make informed trading decisions.
3.Risk management:forex quote help traders to manage their risks by providing them with the current price of a currency pair.
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