Discussion of Forex Trading and Currency Trading

How to choose between two currencies?

If you can choose two currencies to exchange for a third currency, how do you choose the one which yields a higher exchange?
(e.g.) I’m want to buy Taiwanese dollars. Should I use Canadian dollar or the Japanese Yen?
I have access to both currencies. That is why I want to know which one I should use.

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One Response to “How to choose between two currencies?”

  1. You use the currency you have, because the loss to obtain a second currency will equal your gain in the exchange to the third currency.

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