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Long Position

A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position is said to be long.

Related Terms:

Quote Currency
The second currency quoted in a FOREX currency pair. In a direct quote, the quote currency ...

Closed Position
Exposure in foreign currencies that no longer exists. ...

Debit Spread
The difference in value of two options, where the value of the long position exceeds the ...

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