Question: reducation com course 4 3 6 3 ? moddia / ? ? 1 1 2 ? watch Update Other fimerites HanelOreat Di - Mance Scolity
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When considering currency pair trading, what are the advantages and disadvantages of directly trading between. two nonUSD currencies versus using the US dollar as an intermediary medium for two trades?
Advantages: Efficient execution and better pricing
Disadvantages: Exposure to multiple exchange rate risks nd potential fluctuations in the US dollar exchange rate
Advantages: Reduced transaction costs and potential slippage Disadvantages: Limited liquidity and potentially wider bidask spreads
Advantages: Tighter Bidask spreads and greater liquidity
O Disadvantages: Additional complexity and potential. requirement for multiple conversions.
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