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| What moves the FX market? |
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| Foreign Exchange, also known as Forex, or FX, is more commonly referred to
as Currency Exchange. Quite simply, the trading of one currency for another.
The Forex market is the world's largest market, daily trading volumes exceed
$1.9 trillion per day, easily dwarfing markets such as the NYSE (about $30
billion in daily volume). The Forex markets trade 24 hours per day, as the
market moves from time zone to time zone, with major dealing centers today
in London, New York, Tokyo, Zurich, Frankfurt, Paris, Hong Kong, Singapore,
and Sydney.Easily the most liquid market in the world, investors, fund
managers, corporations, banks and investment houses are able to take
advantage of the 24 hour Forex market, to speculate and hedge their financial
positions worldwide. |
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