What is Hedging in forex trading?
Opening a position to offset the risk of an existing position. A trader might buy EUR/USD and sell GBP/USD to hedge exposure to the US Dollar. Or, simply open a buy and sell on the same pair (if allowed).
Detailed Explanation
A trader might buy EUR/USD and sell GBP/USD to hedge exposure to the US Dollar. Or, simply open a buy and sell on the same pair (if allowed).
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