What Is Forex Basket Trading

Forex Basket Trading

Forex Basket trading refers to a concept of buying or selling a large number of currency pairs simultaneously. It is a trading strategy that can be commonly used by institutional traders to hold positions in specific sectors and to diversify portfolios. The strategy gets its name “basket” because a trader can buy or sell multiple assets at the same time, thus creating a “basket” of positions. Basket trading was originally applied in the stock market, but now it is used in various financial markets, including the forex market. What is Forex Basket Trading? In the forex market, currencies tend to …READ MORE