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What does slow rebound fx mean in price?
The slow rebound of foreign exchange prices refers to transactions in the foreign exchange market. Fx is short for foreign exchange trading. The foreign exchange market is a global market, trading objects are various currencies, including US dollar, Euro, Japanese yen, British pound, Australian dollar and Canadian dollar. Foreign exchange transaction refers to a transaction in which one currency buys another currency in the foreign exchange market to obtain the exchange rate difference. As one of the largest financial markets, foreign exchange trading has the characteristics of high liquidity, leveraged trading, 24-hour trading, huge trading volume, high risk and high return. In foreign exchange trading, it is necessary to set a reasonable stop-loss order, set an appropriate leverage ratio and maintain your own trading strategy in order to control risks and obtain higher returns.