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Foreign Exchange

Everyone want to know how the Foreign Exchange market works. Many of books, websites and articles were written about Forex. The reason that the information about Foreign Exchange market (also known as Forex or FX market) is so popular, is because of the fact that in the last passing years Forex has became the most large financial market in the world. On a normal day, the forex market runs over 1 trillion U.S Dollar. -- which is 30 times larger than any market in the United States. "Foreign Exchange" is the definition of buying one currency and selling of another at the same time. In London for example, currencies are being traded Pounds/US Dollar or US Dollar/Japanese Yen. The Forex market (non like the wall-street market) is different than other markets around the world, because it is the only market where trading is available 24-hours a day and for all week long. Banks, for example, exchanges currencies all day and night long. The Forex market is open for trades all week with only minor gaps on weekends. Basically foreign exchange markets are following the sun around the world, giving traders the option of decide their trading day and time.

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