humayun Posted April 9, 2017 Posted April 9, 2017 A direct quotation in the foreign exchange markets whereby the value of the American dollar is stated as a per unit measure of a foreign currency. This type of quotation shows how much US currency it takes to purchase one unit of foreign currency. In foreign exchange there are many things what are needed to understand every forex trader. This term is one of them. I am learning those things trading with ECNCAPITAL.
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