What is Appreciation in forex trading?
An increase in the value of a currency relative to another currency. Appreciation occurs when a currency's exchange rate rises against another currency. For example, if EUR/USD moves from 1.10 to 1.15, the Euro has appreciated.
Detailed Explanation
Appreciation occurs when a currency's exchange rate rises against another currency. For example, if EUR/USD moves from 1.10 to 1.15, the Euro has appreciated.
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