Tag: Currency Exchange

Tag: Currency Exchange

Bull Market in Forex Trading

What is a Bull Market in Forex Trading?

Did you know the biggest rise in the S&P 500 lasted over 10 years, gaining over 300%? In Forex, a bull market is when currency prices go up. This period shows investors feel confident, and there’s a lot of trading and optimism. A 20% price increase from recent lows starts a bull market. Forex traders […]

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Quote Currency in Forex Trading

What is the Quote Currency in Forex Trading?

Trillions of dollars are traded daily in the foreign exchange market, making it highly liquid. In 2023, currency pairs like EUR/USD, USD/JPY, and GBP/USD were the main focus. But what really pushes these trades? Understanding the role of the quote currency is key. The quote currency, also known as the counter currency, comes second in […]

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