Currency Pairs | Trading Terms
1 min readWhy do currencies always come in pairs in trading? That’s a question many new traders ask when they come across their first charts and graphs. Here to explain one of the building blocks of Forex is trading expert David Jones.
In this video you’ll see the components of currency pairs broken down, explained and put into perspective. After watching you’ll know how to read the sign “EUR/USD 1.24” and put that into a normal sentence; what it means; how it compares to other currency pairs; what events influence their movement and many other Forex basics.
If you’ve got any questions – drop us a line below, we try replying to as many of you as we can.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
