Trading simply on your own bias of the U.S. dollar versus other currencies will rarely yield uniform results. Some currencies appreciate substantially greater against the dollar, while others barely gain even a few points. This disparity in performance against the greenback creates many trading opportunities for market players who choose from the wide array of currency crosses. When simplified, currency crosses merely measure the relative strength of one individual currency against another, and are distinguished by the fact that they do not include the U.S. dollar in the pair. As such, they offer traders tremendous opportunities to go beyond the simple trading strategy of buying or selling the dollar.
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