| When speculating in the foreign exchange market currencies are always traded in pairs, comparing the relative strength of one against another. For that reason it is important that we examine both sides of the trade to best identify the ideal currency pair to watch.
Ideally when purchasing a currency pair, we should aim to ‘go long’ that currency with positive economic data and/or that stands the best chances of appreciation, while at the same time selling short the other currency with negative news and/or has the best chance of moving lower..............................................Full Article: Source
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