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Currency Trader Pair Introduction
In the forex market, as in any financial market, there is its own set of trade agreements and related jargon. If you are new to currency trading, mechanics and terminology usually require some adjustments. But after waking up, most currency trading agreements are fairly simple. Act at the same time The biggest mental hurdle faced…
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FX 101: Why Do Currency Exchange Rates Change?
Understanding how exchange rates work is important for businesses, investors, currency traders and, of course, holidaymakers. But what makes exchange rates rise and fall? FX 101 breaks the world of currency exchange from simple to complex. Here are 10 factors that affect the exchange rate: Supply and demand Currencies can be bought and sold, such…
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E-Currencies and Money Part 3 – Money, Investment, Payment System, Or All of the Above?
Wikipedia defines money as “an exchange, a unit of calculation, and a means of saving.” Money is just one form of money that falls into the first category of this definition. Money is also the smallest part of what economists define as “money supply.” The money supply consists of various components such as credit, deposits…