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Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... Discover the latest Forex Trading info, tips, news, reviews and training. Learn powerful strategies and find the best software to produce incredible results. Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market... What is Forex Trading. The Foreign Exchange market or the Forex market or, at times, referred just as FX is one of the largest and most liquid markets in the world. According to the Bank of International Settlements, the Forex market trades in a daily average volume of around $5 trillion. When you start trading Forex you might notice that the dollar is often seen as the dominant currency. This is partly because the economy of the United States is the largest of the world. It is an open economy that many parties can participate in. When the value of the dollar decreases, it can reduce profits for companies around the world.
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