The objective of forex trading is to exchange one currency for another in the expectation that the price will change. More specifically, that the currency you bought will increase in currency forex future newforextrading. Two weeks later, you exchange your 10,000 euros back into U. An exchange rate is simply the ratio of one currency valued against another currency.
CHF exchange rate indicates how many U. Swiss franc, or how many Swiss francs you need to buy one U. The reason they are quoted in pairs is because, in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Here is an example of a foreign exchange rate for the British pound versus the U. Benefit from access to the worlds forex trading market with tight spreads and low margins. 5 to support you throughout forex forex newforextrading.