Posts Tagged ‘exchange transaction’
Forex spots
December 25th, 2009
The Forex spots describes a foreign exchange transaction, which is completed within two days. A pair of currencies is exchanged and at the latest two days later again is back-exchanged. This time frame is valid for all pairs of currencies, the only exception forms the pair of currencies US Dollar and Canadian dollar. With this Forex the Forex spots only one period of one day designates currencies. (more...)