Zhubo Global: The difference between cross trading and straight trading of foreign exchange currencies such as euros and pounds

Many people are trying to investforeign exchangeAfter the project, it was discovered that there are two types of discs: straight discs and cross discs. Among them, currency pairs such as the euro and pound that do not involve the US dollar belong to cross trading, while currency pairs with one side being the US dollar belong to straight trading. Many beginners simply think that investing in straight stocks is easier, so today we will talk about the difference between straight stocks and cross stocks.

Firstly, in the early years of the rise of foreign exchange investment, most people focused on and invested in the straight market, which basically revolved around the US dollar. But now it is clear that many people are starting to invest in cross sectors such as euros and pounds. Direct trading, as it involves the US dollar and other currencies, allows for a better understanding of market trends in the United States. On the other hand, cross trading, as it involves currency pairs from different countries, is more volatile and difficult to find patterns. This is one of the differences.

Secondly, the reason why cross sectors such as the euro and pound have begun to attract attention now is because many people have found that the volatility of cross sectors not only makes the returns more substantial, but more importantly, when investing in straight sectors, it is also necessary to analyze cross sectors. Therefore, many investors who originally invested in straight sectors have gradually begun to understand the rules of cross sectors, and their benefits are more objective. Naturally, cross sectors have begun to receive attention.

Thirdly, since we are talking about the difference between cross trades and straight trades, another very important aspect is the spread. The high spread of cross trades is also a reason why many beginners do not try investing, and it is also due to the spread that cross trades are not suitable for high-frequency operations. Therefore, this point needs to be taken seriously, otherwise it is not cost-effective to pay the handling fee for all profits. Often, experienced traders will start trying cross trades.

moreForeign exchange transactionsStay tuned for knowledgeZhuo Bo Huang Yu Global Official WebsiteChoose Zhubo Huangyu Global Finance, where you can enjoy a first-class trading experience and meticulous customer service anytime and anywhere. Simply log in to Zhubo Huangyu Global's official website（bibfx.net）You can easily experience the comprehensive investment security guarantee of Emperor Global. What was mentioned earlier is the difference between cross trading and straight trading in foreign exchange investments such as euros and pounds. It should also be noted that when analyzing straight trading, it is necessary to analyze cross trading, and vice versa. Each has its own intricate relationships, so whether investing in straight or cross trades, don't mistakenly think that you don't need to pay attention to another aspect.