Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:
USD - United States Dollar
EUR - Euro members Euro
JPY - Japan Yen
GBP - Great Britian pound
CAD - Canadian dollar
AUD - Australia dollar
here are many reasons investors take a great interest in FX trading Some of the major reasons are:
No fees
No middlemen
No fixed trade sizes
Low transaction cost
High liquidity
Happy Forex Trading
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