You would buy the pair if you expected the base currency to rise in value against the quote currency. That’s because a currency pair’s price represents how many of the quote currency you’d have to spend to buy a single unit of the base currency. Once you’ve chosen a currency pair to trade, you need to decide whether you want to ‘buy’ or ‘sell’, based on your analysis. 67% of retail clients lose money when trading CFDs with this provider.
Unlike o […]