What is a cross rate exchange?
I'm trying to understand the concept of cross rate exchange. Could someone explain what it is and how it works in the foreign exchange market?
How do I find a cross rate on a foreign exchange quote?
Hello there, I'm curious about finding cross rates on foreign exchange quotes. Can you explain to me, step by step, how I can go about doing that? I'm not too familiar with the process and would appreciate a clear and concise explanation. Also, are there any specific tools or resources that you recommend for finding cross rates? Thank you in advance for your help.