Currency pairs: learning to read the quote
Base currency, quote currency and a simple way to understand EUR/USD without the jargon.
THE JOURNAL
Forex.
Clear ideas, useful context. Build your understanding, one article at a time.
Pips, spreads & the cost of a price move
Small units, two-sided prices and the costs a simple chart does not always show.
Interest rates & currencies: the connection
Why central bank decisions matter, and why an announcement does not dictate the next move.
Leverage & margin: understand the exposure
The difference between a deposit and a position, with a clear example of amplified losses.