What is foreign currency trading
The European Union currency, Euro (EUR) is the most traded currency with the United States Dollar (USD) in the world.
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There are four popular pairs of currencies traded on FOREX; The euro and U.S. dollar, the U.S. dollar and Japanese Yen, British pound sterling and U.S. dollar, and the U.S. dollar and Swiss Franc.
Trading in the stock market or any other exchange for that matter is not devoid of risks. Risks are a part and parcel of any investment and FOREX market is no stranger to such risks.
Currency, currency futures, currency forwards, non-deliverable forward, foreign exchange swap, currency swap, and foreign exchange options are among different types of assets traded on FOREX.
The European Union currency, Euro (EUR) is the most traded currency with the United States Dollar (USD) in the world.
Read MoreConverting one currency into a different one is the essence of trading here. Just ensure that the new currency you are trading is likely to increase in value over a period. Constant trading back and forth should ideally result in profits for you.
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Read MoreMoney. Wealth. Funds. Assets. Capital. Finances. All these words refer to the same thing, right? Right, and wrong. Depending on the context in which we use these words, their meanings change. In a broad sense, they all can be used interchangeably. But in the context of investment services and wealth management, we must understand their exact interp
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