What is Foreign Exchange

What is Foreign Exchange Foreign Exchange (FX or Forex) is one of the largest and most liquid financial markets in the world. According to the authoritative Triennial Central Bank Survey from Bank for International Settlements, Basel, average daily turnover in April 2007 exceeded US .2 trillion, and evidence suggests that the market is still expanding. The spot market accounts for around a third of activity in the FX market. FX is simple to understand once it is realized th

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