Forex trading is trading currencies from different countries. Types of Types of Internet Marketing This one is very different but still within the scope of IM. Forex is an abbreviation of Foreign Exchange (Currency Exchange). An example of forex trading is buying Euros (European currencies), while simultaneously selling USD (American currency), it can be abbreviated as EUR / USD.
The purpose of this Forex is that market conditions and prices in the forex market move very dynamically, can change at any time quickly, in response to events whether it is economic, political, war, disaster, etc. Especially for countries with advanced and strong economies, there is little sensitive information, so the price of the currency can move up and down.
This is what traders see as an opportunity and opportunity to trade. So simply, the purpose of forex trading is to achieve profit from the ups and downs of the exchange rate.
This is what traders see as an opportunity and opportunity to trade. So simply, the purpose of forex trading is to achieve profit from the ups and downs of the exchange rate.
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