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  • What is trading forex?

    Trading forex is a way to profit from the values between currencies, which are constantly changing.

    Currencies are measured relative to each other. That's why you see quotes (or exchange rates) expressed in currency "pairs", such as the following:

    * USD/JPY = U.S. Dollar value versus Japanese Yen value
    * EUR/USD = Euro Dollar value versus U.S. Dollar value
    * GBP/USD = Great Britain Pound value versus U.S. Dollar value

    There are a number of fundamental (i.e., interest rates, inflation, etc.) and technical (i.e., chart patterns, etc.) forces that drive the forex market, and cause currency exchange rates to fluctuate throughout the day.

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