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Forex trading for beginners – Nasdaq. Join the NASDAQ Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! Below is a list of terms you should learn. The first currency quoted in a currency pair on forex. The second currency quoted in a currency pair in forex.

3332 it’s assumed the other currency is the U. US dollars at the same time. A pip is the unit you count profit or loss in. USD has risen 5 pips. Some currency pairs will have different pip values. This is known as the spread.

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