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Saturday, January 30, 2010

FOREX - MEANING


The Foreign Exchange market, also referred as "Forex" or "FX" market, which is the largest financial market in the world, with a daily turnover of approximately US$1.5 trillion. Foreign Exchange means buying of one currency and selling of another. The world's currencies fluctuates daily based on the many conditions and it is always traded in pairs, for example Dollar/Yen or Euro/Dollar.

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