For more info on how we might use your data, see our privacy notice and access policy and privacy website. And, traders and speculators work to take advantage of short-term trends in the market. Foreign exchange transactions are executed over the counter and there is no specific centralised market for the same.
A swap deal is, in effect, a combination of two foreign exchange contracts. Share it in comments below.
Such deals are usually done to take advantage of prevailing market conditions. Forex Quotes Explained. Therefore, holding a position at 5 p. Live, interactive sessions.