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What Are Currency Pairs, Majors, and Minors?What Are Currency Pairs, Majors, and Minors? The foreign exchange market (Forex or FX) is the largest and most liquid financial market in the world, with daily trading volumes exceeding $7 trillion. At its core, Forex trading revolves around currency pairs — the quoted relationship between two different currencies. Understanding how these pairs work, and the distinction between major,...0 Comentários 0 Compartilhamentos 216 Visualizações 0 Anterior
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What is a Pip, Point, and Spread in Forex?What is a Pip, Point, and Spread in Forex? The foreign exchange (Forex) market is one of the largest and most liquid financial markets in the world, where currencies are traded 24 hours a day, five days a week. To trade successfully, it’s essential to understand the basic units that measure price movements — pips, points, and spreads. These concepts form the foundation of how...0 Comentários 0 Compartilhamentos 17 Visualizações 0 Anterior
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What Is Foreign Exchange (Forex) Trading?What Is Foreign Exchange (Forex) Trading? Foreign exchange, commonly known as Forex or FX, is the global marketplace for exchanging one nation’s currency for another. It’s the largest and most liquid financial market in the world, with a daily trading volume exceeding $7 trillion as of 2024. Unlike stock or commodity markets, the Forex market operates 24 hours a day, five days a...0 Comentários 0 Compartilhamentos 268 Visualizações 0 Anterior