Friday, June 20, 2008
Forex Trading
Forex trading is where the currency of one nation is traded for that of another. It is always traded in pairs and the most commonly traded currency pairs are traded against the US dollars (USD). They are called "the Majors". The major currency pairs are EUR/USD, GBP/USD, USD/JPY and USD/CHF. Forex is now traded over the telephone and online through a global network of banks, multinational corporations, importers and exporters, brokers and currency traders.
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