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What is the RETAIL OFF-EXCHANGE Foreign CURRENCY (FOREX) market?

April 26, 2017currency foreign forex market off-exchange retail

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What is the RETAIL OFF-EXCHANGE Foreign CURRENCY (FOREX) market?

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The Forex market trading is the simultaneous buying of one currency and selling of another. Most FOREX trading consists of trades between the U.S. dollar and six major world currencies…Australian Dollar (AUD), Great British Pound (GBP), Canadian Dollar (CAD), Japanese Yen (JPY), and Swiss Franc (CHF).