What's it: Triangular arbitrage is the simultaneous buying and selling of three different currencies and attempts to exploit inconsistencies between their exchange rates. Profits can arise when the cross rates of the three currencies do not really
Foreign Exchange Market
Spot Exchange Rate: Meaning, Affecting Factors, and How It Works
The spot exchange rate, also known simply as the spot rate, is the current price at which one currency can be traded for another for immediate delivery. This rate is crucial for anyone involved in international business, finance, or simply traveling