CROSS CURRENCY COUPLE
- Anna K.
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Cross currency couple is a couple that does not include USD and is traded in equity market. In this case currencies are traded against each other without the need to convert them into dollars.
Cross currency couple is a couple that does not include USD and is traded in equity market. In this case currencies are traded against each other without the need to convert them into dollars.
Toxic asset is an asset that become illiquid as soon as it exists the secondary market as demand for them disappears. They are not traded commonly or at all as they are perceived as a sure way to lose money.