Monthly Archives: April 2008

Understanding Forex Trading Quotes

Understanding Forex Trading Quotes Being able to read and understand a Forex quote can be a little confusing at first, but for the most part just try an remember two things: 1. The currency listed first is the BASE currency. … Continue reading

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Forex Trading Basics

Currency Pairs The most commonly traded pairs in Forex Trading are those that consist the US dollar. In the last post, we mentioned the 6 major Forex currency pairs. For the British Pound (GBP), the Euro (EUR) and the Australian … Continue reading

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Forex Glossary

Forex encyclopedia, forex terms Ask (Offer) – price of the offer, the price you buy for. Bank Rate – the percentage rate at which central bank of a country lends money to the country’s commercial banks. Bid – price of … Continue reading

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