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For Beginners: Things You Should Know About Forex

For Beginners: Things You Should Know About Forex

Abstract:With hundreds of currencies in circulation around the world, the foreign Exchange market, the world's largest and most liquid financial market, has a daily trading volume of US$5.3 trillion, 30 times that of the U.S. New York Stock Exchange. What is Forex trading? Simply put, forex trading is about opening a trading position, be it bullish or bearish on the exchange rate between two currencies.

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This post first appeared on Naijafans, please read the originial post: here

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For Beginners: Things You Should Know About Forex

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