Know the fundmentals of Foreign exchange and terminologies used in dealings

 [This post contains fundamental aspects of foreign exchange; and forex markets;  as well as over 100  terminologies used in  forex dealings such as direct and indirect Quote; buying rate, selling rate, forward exchange rate, swap rate, spot rate, cross rate, transaction date, value date, Spread, premium, discount, points, arbitrage, Interest arbitrage, Interest parity, future, hedging,…