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Exploring Different Types of Currency Pairs

EUR/GBP, EUR/JPY, and GBP/JPY. 3. Exotic currency pairs: These pairs involve one major currency and one currency from a developing or emerging market. Examples include USD/TRY, USD/ZAR, and EUR/TRY. ...

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How automated trading works in foreign exchange

risk. 4. Risk management: Automated trading systems can also include risk management parameters to help protect the trader's capital. This can include setting maximum trade sizes, limiting the number...

2024-08-28 23:00:38