1, long position (buy high and sell low) refers to long position, which can also be called long position, buying a certain currency and being bullish.

2, short (buy low and sell high) refers to selling positions, can also be called bearish, selling a certain currency, bearish. Some people call it as empty as empty.

3. Bulls and shorts: In the stock market, investors who hold stocks are generally called bulls, and investors who don't hold stocks for the time being are called shorts. In this way, people who buy stocks are usually called many, and those who sell stocks are called empty.

4. For example, the current price of Euro/USD is 1.4240. Since we expect the market outlook to rise, we will buy more and close our positions at 1.4300.

At this time, what we bought was the appreciation of the euro and the depreciation of the dollar. 1.4240 is low relative to 1.4300, and this profit means buying low and selling high.

If the market outlook is expected to fall, we will short and sell at 1.4200, while what we are doing at this time is the appreciation of the dollar and the depreciation of the euro. 1.4240 is a high level compared with 1.4200, and this profit is to buy high and sell low.

5. Foreign exchange is the creditor's rights held by the monetary management authorities (central bank, monetary management institutions, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc. Can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ).

By 20 15, China ranks first in the foreign exchange reserves of governments around the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China.

Extended data:

How to buy and sell foreign exchange:

1. Foreign exchange trading is a kind of financial management method to obtain income by buying and selling foreign coins and exchanging spreads.

2. A foreign exchange operation is realized by "buying low and selling high", that is, it is predicted in advance that a certain sum of money will have an upward trend, and you can take the opportunity to buy it, and then sell it at a high price after appreciation, so as to realize the spread profit.

3. The other is to realize foreign exchange operation through "selling high and buying low". Yes, it means that if one country's currency depreciates and another country's currency appreciates, you can sell the expected devaluation and buy the expected appreciation.

In addition, you need to practice for a while. It's best to find a virtual platform online for registration operation, practice for a period of time, and know how to close positions and add positions.

Baidu encyclopedia-foreign exchange