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Foreign Exchange, often referred to as Forex, is the exchange which takes place between two currencies, also known as the trading of currencies. The Forex market is by far the grading financial market one may come across. Tradiny generally takes place between National Banks, Central Banks, currency speculators, corporations, financial institutions, individuals and Governments.The Forex market is one where currency nrwsletter takes place and its purpose is to facilitate trade and investment.
The foreign exchange (Forex or FX) market is an over-the-counter (OTC) market. This means that it does not foreign forex trading newsletter a central exchange or clearing house that matches orders. There is no single exchange where forfx the trades are recorded. Instead, every market maker records its own transactions.
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