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What is Forex Trading

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What Is Forex Trading …

So what is Forex Trading ? Foreign Exchange trading also know by the common abbreviations (Forex or F.X ) is the exchange of one currency for another at an agreed exchange price. Forex is the world’s most traded market and has an reported daily turnover from recent Central Bank Surveys… averaging  at $5.3 trillion per day in exchange transactions. Essentially, Forex trading is the act of simultaneously buying one currency while selling another, This as you would imagine is done with the purpose of growing an investment ….. Currency values rise (appreciate) and fall (depreciate) against each other due to a number of factors. Such […]

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Posted by Paul Caskie - 03/05/2014 at 8:39 pm

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