FxKabirConfidence
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Forex trading, also known as foreign exchange trading, is the process of exchanging one currency for another with the aim of making a profit from fluctuations in currency values. It's the largest financial market in the world, operating 24 hours a day, five days a week. Here's a brief overview: How It Works: Forex trading is conducted through currency pairs, such as EUR/USD (Euro/US Dollar). Traders speculate on whether a currency will strengthen (appreciate) or weaken (depreciate) relative to another. Major Players: The forex market involves banks, financial institutions, corporations, governments, and retail traders. While large institutions account for most of the trading volume, individual traders have increasingly joined the market through online platforms.
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