Getting started with Forex Markets
What is Forex?
Forex is the foreign exchange market, in which foreign currencies are exchanged globally. Since these national currencies are exchanged across the world this tends to be the largest liquidated markets in existence.
Currencies are traded against one another as exchange pairs an example of this would be EUR/USD which would be an exchange pair of the Euro against the US Dollar.
People trade in Forex to hedge risks of national currencies, to speculate the stability of international markets as well geopolitical events, it is also done to simply diversify one's portfolio.
To learn more visit https://www.investopedia.com/articles/forex/11/why-trade-forex.asp.
Here we will learn how to trade in the foreign markets and how these interact with the US stock exchange as well.
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