 What Is Forex
Forex Trading is the act of trading currencies from different countries
against each other. Forex is acronym of Foreign Exchange.
For example, in Europe the currency in circulation is called the Euro (EUR)
and in the United States the currency in circulation is called the US Dollar
(USD). An example of a forex trade is to buy the Euro while simultaneously
selling US Dollar. This is called going long on the EUR/USD.
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