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- UID
- 217800
- 帖子
- 261
- 主题
- 109
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
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Direct quote is a relative term. Its the rate in terms of buyer's currency.
If I hold JPY and want a buy USD then 100 JPY per USD is the direct quote.
If I hold USD and want to buy JPY then .01 USD per JPY is the direct quote.
Working though bids, asks, crosses and interest rates is the scary part. Do and redo the examples and EOC questions, you will get it. |
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发表于 2011-7-11 19:23
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