FOREX refers to the Foreign Exhchange Markets and the buying and selling of currenciesreallyday, an average of more that 3 trillion dolllars in transactions occurs in the FOREX marketach of these transactions plays a vital role in establishing a currency pairs' exchange ratehen a traveller visits a new country or when an employer pays its foreign employees, they every single convert their local currency into foreign currencyver time, these transactions cause a shift in the exchange ratehen money flows into a currency, it strengthens, and when money flows out of a currency, it weakenshese shifts in value are what gives life to the FOREX marketOREX traders attempt to predict the direction of an exchange rate just like stock traders attempt to predict the direction of a company's stock priceOREX traders buy a currency pair when they think the exchange rate will increase and sell when they think the exchange rate will decreasen the global market, they can do this 24 hours ... [Read More - How To Trade Forex Volume]
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