Forex (FX) – this is an abbreviation of Foreign Exchange. This is market where investors trade and exchange one currency to another. Forex is the biggest market in the world, with highest liquidity and an average traded value that exceeds $1.9 trillion for a day. It covers all currencies in the world. The forex market is active 24 hours a day, five days a week and all currencies are traded among the largest financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney.
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Definition Plain Vanilla This is the most basic or standard version of a financial
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The greenback moves slightly higher against the Japanese yen in USDJPY during today’s session
The euro moved higher against the American dollar in EURUSD today, but was still