I'm trying to understand the concept of 'fiber' in the context of forex trading. Could someone explain what it means and how it relates to the foreign exchange market?
6 answers
emma_rose_activist
Tue Nov 12 2024
The Euro, representing the European Union, is a strong global currency.
Stefano
Tue Nov 12 2024
On the other hand, the US Dollar is the official currency of the United States and is also widely used in international transactions.
AltcoinAdventurer
Tue Nov 12 2024
The name Fibre originates from the fibre optic cables that facilitate the rapid transmission of currency prices between Europe and the United States.
Federica
Tue Nov 12 2024
The term Fibre is often associated with the exchange rate between the Euro and the US Dollar.
DongdaemunTrendsetterStyleIconTrend
Tue Nov 12 2024
These cables enable traders to access real-time information on currency fluctuations, allowing them to make informed decisions.