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Added: Mar 2nd, 2021
Monitored: 40 days
Lifetime: 40 days
Foreign exchange refers to the global, over-the-counter market where traders, investors, institutions and banks, exchange speculate on, buy and sell world currencies. Forex is one of the largest trading markets, with a global daily turnover estimated to exceed US$5 trillion.Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism.
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