Community Forex Questions
What is term currency in forex?
A currency that is not a Base Currency in the calculation of a financial index for a Cross Currency Pairs transaction is referred to as a Term Currency. Term Currency refers to the second currency in a currency pair.
The difference between the amount of the Base Currency under the matching Position and the amount of the Term Currency under the original Position will be a "Realised Profit" if positive and a "Realised Loss" if negative.

Add Comment

Add your comment