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The base currency is always on the left of a money set, and the quote is constantly on the right. The base currency is constantly equal to one, and the quote money is equal to the current quote price of both– which shows how a number of the quote currency it’ll cost to purchase among the base. So, when you’re trading money, you’re always marketing one to buy an additional. Utilize our forex calculator to transform currencies using existing exchange rates. Pip determines the smallest value by which the currency exchange rate of a money pair modifications.   Margin Financing …

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