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Forex Basics
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  • Automatic Execution

    The order is executed automatically without dealer intervention or involvement.

  • Base Currency

    The first currency in the pair. Also the currency your account is denominated in.

  • Sell Quote / Bid Price

    The sell quote is displayed on the left and is the price at which you can sell the base currency. It is also referred to as the market maker's bid price. For example, if the EUR/USD quotes 1.3200/03, you can sell 1 Euro at the bid price of US$1.3200.

  • Buy Quote / Offer Price

    The buy quote is displayed on the right and is the price at which you can buy the base currency. It is also referred to as the market maker's ask or offer price. For example, if the EUR/USD quotes 1.3200/03, you can buy 1 Euro at the offer price of US$1.3203.

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Forex News

  • 29/07/2010

    The dollar may advance, after sliding 6.4 percent against the euro this month, as the U.S. economic recovery strengthens, according to Barclays Plc.

    “Our e... more

  • 29/07/2010

    The rand rallied to a 3 1/2-month high against the dollar.

    South Africa’s currency appreciated as much as 0.8 percent to 7.2834 per dollar, the strongest l... more

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