Forex Trading

What Is the U S. Dollar Index USDX and How to Trade It

Using the Canadian dollar again as an example, assume a rate of C$1.40 per US$1. This explains that it will take 1.40 Canadian dollars to purchase a single U.S. dollar. An American currency quotation is a quotation in the foreign exchange markets whereby the value of the American dollar is stated as a per-unit measure of a foreign […]

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