Cross rate
Exchange rate of "triangulation" two separate exchange rates used, if not, two currencies exchanged directly, but from only a third currency, such as the U.S. dollar.Also refers to any exchange rate / couple who do not own national currency
There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...