In forex trading When someone is holding a long position in a foreign currency, then the person can hedge with a short position in a currency forward contract.
What do we mean by long position in a foreign currency?
Long can be explained as when someone buy with the expectation that the purchase will rise in term of value in the future.
At a long on a currency, one is try to bet the base currency, that it will strengthen compared with the quote currency.
Learn more about foreign currency here;
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The correct order for the balance sheet is:
1.<span>assets (includes all the things with financial values that the company owned)
2liabilities, (all the responsibilities that the company have to pay in the future)
3.owners' equity ( Total assets minus total liability, indicate the net financial value of the company)</span>