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What is Forex?
August 25, 2010 · Leave a Comment
I’ve seen a lot of ads talking about forex trading system, but the other day I realized I had no idea what Forex actually was. So I did some research and here it is in a nutshell: Forex is a decentralized market for trading world currencies. It is basically what determines the exchange rate when you try to convert money from one currency to another. Unlike most stock exchanges, the Forex market is actually global and runs 24 hours each day. It is closed on the weekends. As you can imagine the transaction volume on... [Read the full story]
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