Terminologies used in Foreign exchange dealings and fundamental of forex market

Originally posted on 8.11.2014 and Updated on 06.01.2024 [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,…