Cryptocurrency Q&A
How does forex pay you?
How does forex pay you?
DigitalDuke
Sat Dec 14 2024
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7 answers
1058
I want to understand how forex trading generates income for traders. Specifically, I'm curious about the mechanisms through which forex pays out to its users.
7 answers
KabukiPassion
Mon Dec 16 2024
For instance, if an investor believes that the euro will appreciate in value compared to the U.S. dollar, they may decide to buy euros.
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amelia_doe_explorer
Mon Dec 16 2024
Forex trading is a financial activity that entails the simultaneous purchase and sale of currencies.
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Maria
Mon Dec 16 2024
Simultaneously, they will sell dollars to fund the purchase of the euros.
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Nicola
Mon Dec 16 2024
The investor will then hold the euros until they believe the exchange rate has moved in their favor.
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EmmaWatson
Mon Dec 16 2024
The aim of this trading is to capitalize on fluctuations in the relative values of different currencies.
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