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Forex trading basics of Fx trading| what is currency pair trading | Best forex Broker



Forex Market Lot Size :-
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Forex trading : – Learn the basics of Forex and foreign currency trading in this video. Find out how Forex trading works, who the major players are, and more.

Pip: A pip (percentage in point) or point, is usually the smallest unit of measurement in the Forex market. Most currency pair quotes are carried out four decimal places—i.e. 1.4570.

Currency Pair: We wouldn’t have a Forex market if we weren’t able to compare the value of one currency against the value of another currency.

U.S. dollar vs. Swiss franc (USD/CHF): “The Swissie
U.S. dollar vs. Japanese yen (USD/JPY): “The Yen”
U.S. dollar vs. Canadian dollar (USD/CAD): “The CAD,” or “Loonie”
Australian dollar vs. U.S. dollar (AUD/USD): “The Aussie”
New Zealand dollar vs. U.S. dollar (NZD/USD): “The Kiwi”

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