paper jewelry boxes wholesale What does the foreign exchange cross disk on the avatrade website mean?

velvet jewelry pouches wholesale Let's first talk about the foreign exchange straight plate, which refers to the currency directly connected to the US dollar, such as euro/USD, British/USD, Australian dollar/USD, and so on. If we are not linked to the US dollar, we are called a cross disk. In addition to the cross -disk can help simplify the procedures for foreign currency (no longer need to be converted into the US dollar), in the transaction, the cross disk can also help traders avoid the volatility of the dollar.
The cross disk is a solution method often used by real investors in the foreign exchange market. In the case of a straight trading transaction, many investors are unwilling to stop loss and choose the cross disk to solve the set operation operation. Essence It should be said that if it is used well, the cross -disk operation can effectively reduce our position cost, so that the position that has been locked up is faster.