Forex step by step

Forex step by step

Forex step by step
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First, you have to understand how currencies are traded. There are three critical terms to learn: "Exchange rate or quote," "pairs," "pips," and "spread."

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In this brief guide we will try to provide you with a step-by-step plan for analyzing the global economic environment and deciding on which currency to buy or sell.

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The U.S. Dollar Index consists of a geometric weighted average of a basket of foreign currencies against the dollar.

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