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majorfx254
Aug 6, 2021 9:18 AM

short  Short

Australian Dollar/U.S. DollarFXCM

Description

short
To short a currency means to sell the underlying currency in the hope that its price will go down in the future, allowing the trader to buy the same currency back at a later date but at a lower price. The difference between the higher selling price and the lower buying price is profit.
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