What is Forex

What is Forex

The acronym Forex stands for foreign exchange market, more commonly called FX, or currency market and is when one currency is exchanged for another. The foreign exchange market is by far the largest market in the world, in terms of transaction value, and includes exchanges that take place between large banking institutions, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. . The exchange activity that takes place ...

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