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Forex Knowledge.

Introduction of Forex Markets

Where currencies are traded those places are called foreign exchange markets. Currencies are important to each and every people around the world, whether they realize this or not, because currencies need to be exchanged in order to conduct foreign trade and business. If you are living in the U.K. and want to buy a car from U.S. either you or the company that you buy the car from has to pay the U.S. for the car in dollars, (USD). .

Need to exchange currencies is the primary reason why the forex markets is the largest, most liquid financial market in the world. It dwarfs other markets in size, even the stock market, with an average traded value of around U.S. $2,100 billion per day..

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