I am always confused by the quoting and the forward currency pairs.
When we say buy P/B foward, do we always mean buying the base currency?
Like we buy USD/EUR foward, we are buying EUR and selling USD?
I am always confused by the quoting and the forward currency pairs.
When we say buy P/B foward, do we always mean buying the base currency?
Like we buy USD/EUR foward, we are buying EUR and selling USD?
Yes.
YESSSSS