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 In the context of investing, it refers to the exchange rate between the U.S. dollar and the British pound sterling.
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Sometimes FOREX brokers are referred to as "Cable Dealers."
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A Primer on the Forex Market - Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.
Floating And Fixed Exchange Rates - Baffled by exchange rates? Wonder why some currencies fluctuate while others don't? This article has the answers. |
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Related Terms
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