What are straight plate and cross plate

Direct trading refers to a country’s direct exchange with the U.S. dollar in the international market.

All direct links with the US dollar are direct, such as: the US dollar against the Canadian dollar, the US dollar against the Japanese yen, the US dollar against the Swiss franc,, the US dollar against the Australian dollar, etc., these have the US dollar peg, this is the direct.

The reverse is not pegged to the dollar, is the cross.

For example: EUR/GBP AUD/JPY AUD/CAD, etc., there is no dollar directly involved in these, such as a cross.