This is an act of faith . You are betting on the growth, stability, or rising interest rates of a specific nation’s economy. You want to hold that "asset" because you believe its value will appreciate.
The price at which the market will sell to you (always higher).The gap between them is the "Spread." This is the friction of the market—the "tax" you pay to the house for the privilege of trading. 4. The Macro View buying versus selling currency
Here is the "deep dive" on how this exchange actually works: 1. The Dual Nature (The Pair) You never just buy "Euro." You buy the pair. This is an act of faith
usually happens when a country raises interest rates (attracting investors) or shows strong GDP growth. buying versus selling currency