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Tag: Forex

Forex trading is the practice of speculating on the value of a currency in order to earn a possible profit. Because currencies are exchanged in pairs, when a trader exchanges one currency for another, he or she is gambling on whether the value of one currency will increase or decrease in relation to the value of the other.

Forex

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ForeignExchange is the technical term for “Forex” or “FX”. Forex is a global and largely over-the-counter market that determines currency foreign exchange rates and facilitates all aspects of buying, selling, and exchanging currencies at spot or agreed-upon prices.

Forex, Glossary

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