A Forex Carry Trade Explained Graphic
Business, Investing

A Forex Carry Trade Explained

What is a Carry Trade? First, it is important to remember that each Forex trade is actually the simultaneous buying of one currency and selling of another. As a result, you end up receiving interest on the currency you purchase and paying interest on the currency you sell. A carry trade takes advantage of this by seeking out high yielding…

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Masters of Money Foreign Currency Graphic
Business, Investing, Making Money, Uncategorized

What Are The Top Traded Forex Currencies?

The Forex (Foreign Exchange Market) exists because multi-national corporations and nations need to buy and sell goods/services from outside sources. To do that, they need to exchange their home currency with that of other nations. As you know, not all currencies have the same buying power, so nations, banks, and corporations exchange their money with one another just as tourists…

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