Friday, May 6, 2011

Suseela Dengudu Kadha 1


Forex Trading is trading currencies from different countries against each other. Forex is acronym of Foreign Exchange.For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD.

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