One of the most difficult things for most people to understand about foreign currency trading is how to read the quotes. We know that when we see a stock trading for $11.25 a share, it means we can use $11.25 of our U.S. dollars to buy one share. But what the heck does USD/JPY 116.09/13 mean? This article will explain.
Currency Pairs: The first thing to understand is that a... Read More