Current location - Loan Platform Complete Network - Foreign exchange account opening - How is foreign exchange cross-trading realized, and what is the relationship with direct trading?
How is foreign exchange cross-trading realized, and what is the relationship with direct trading?
1. Direct instruction: If the foreign exchange transaction includes USD, that is, transactions of other currencies against USD, such instructions are direct foreign exchange instructions. Such as USD/JPY, GBP/USD, EUR/USD.

2. Cross: If the two currencies in the transaction are not US dollars, it is cross. Common intersections are euro/pound, pound/Swiss franc and euro/yen.

3, the difference between the two:

First, it is difficult to judge the fluctuation of foreign exchange cross, which requires more professional technology and enough time and energy to pay attention. It is much more difficult to judge the trend of the two currencies on the cross, first judging the trend of the first currency against the US dollar, and then judging the trend of the second currency against the US dollar. If you can clearly judge the trend of a currency against the US dollar, you can choose to trade directly.

Second, the fluctuation range of foreign exchange cross is generally large, and it is easy to fluctuate by 200 points on the same day.

Third, foreign exchange crossover is easily disturbed by various factors. Usually, the same factors have greater influence on the cross disk than on the straight disk.

4. Suggestion: It is suggested that novice investors should focus on the direct currency pair, so that the trading risk is more controllable, and the trading risk should be put in the first place in leveraged trading.