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Wednesday, October 21

Trading in Forex

A currency trading is the simultaneous buying of one currency and selling another. Currency trading is a combination of the cross (eg, the euro / dollar or GB pound / Japanese yen.). The most traded currency is called "majors" - EURUSD, USDJPY, USDCHF and GBPUSD.

The most important forex market is the spot market, because it is the largest volume. The market is a spot market, because of the trade to solve, or "in place". In practice, this means two working days.

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