When choosing a currency pair to trade, there are always a number of things to consider as each currency pair has its own unique set of characteristics, depending on the two currencies involved. It’s always important to remember that the “trade dynamics” of a given currency pair depend on factors such as interest rates, changes in monetary policy as well specific economic factors of “both countries and currencies” involved.
Choosing a Forex Pair
I start by breaking down the majors in such a way as to distinguish “key fundamental differences” between the given currencies and more importantly the role each currency plays on the world stage.
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