Choosing the right Forex currency pair is one of the most important decisions when you are mapping your future Forex trading strategy . Currencies are traded through a “forex broker” or “CFD provider” and are traded in pairs. Currencies are quoted in relation to another currency. For example, the Euro and the U.S dollar [EUR\USD] or the British pound and the Japanese yen [GBP\JPY].When trader’s trade in the forex market, they buy or sell in currency pairs.
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