Cross Rate – rate of one currency to another, calculated in U.S. dollar. These currencies are not the official ones in the country, in which the exchange rate quote is given. However, the term cross rate could be also used for currency quotes, which do not involve the U.S. dollar, irrespective of the country where the quote is provided.
Like this post? Please share to your friends:
The very basics First you need to know a little about forex market makers.
Definition Plain Vanilla This is the most basic or standard version of a financial
Definition and types A Binary option is a type of option where the payoff
In substance, Dogs Of The Dow is an investing strategy that consists of buying