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Cross rates
Forex education
Cross rates are often used during the operations in the world market. What is it?Cross rate is the exchange rate between two currencies which results from their rate in relation to the rate of a third currency. As a rule, cross rates with t...
Chapter 7. Cross currency pairs
Forex education
The trading operations on Forex are carried out not only against the US dollar. We intentionally have not touched on these operations until now to make the content more intelligible. The currency rates, which do not include the US dollar, a...