What are Money Exchange Rates?
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 Currency trading depends almost exclusively on money exchange rates and their relationship with various factors that drive economic activity over the long term. some strategies, like the carry trade do not derive their profits entirely from changes in currency quotes, but it’s impossible to imagine a forex strategy that is in any way independent of money exchange rates. In this article we’ll take a look at what money exchange rates are, and what creates them.
