What are Transaction Costs and How to Calculate Them? Learn about the price of forex forex trend costs, selling or purchasing in Forex trading market.
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The EURUSD is one of the most traded currency pairs around. The Euro being the official currency of most member states in the European Union, and the largest world currency US Dollars. This foreign exchange pair is followed by tourists between each area, business exporters and more importantly banks or trading institutions. The EURUSD rate is affected heavily by economic data from each nation.
The price quotes in our chart for GBPUSD are real time 24 hours a day, Monday to Friday. It’s an actual forex market rate, so it may differ slightly to a quote at your broker, due to spreads and various other factors. It’s a double edged sword, if brokers didn’t add spreads, they wouldn’t make their money, and we wouldn’t have access to the market, but we would get a better rate! Looking To Send Money In To Europe or United States? Fill out the instant quote form below for TorFX. Zero fees, bank beating rates, and all with a friendly FCA authorised company, for your protection.