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AAForexTrading.com |
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AA Forex Trading - We list all the best places to trade foreign currency online! |
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Currency Pairs
In the Forex market, trading is always in currency pairs, such as GBP/USD or USD/CHF. The base currency (the first currency listed in the currency pair) is the basis for the buy or the sell. As an example, the US Dollar is the base currency for USD/CHF (US Dollar/Swiss Franc). If current bid/ask price for USD/CHF is 1.2537/1.2541, which means you could buy $1 US for 1.2537 Swiss Franc, or sell $1 US for 1.2541 Swiss Franc.
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