Foreign exchange, interchangeably referred to as forex or FX, is a type of trading that occurs across different markets or currencies worldwide. Trade happens between two pairs of currencies, and their exchange value depends on the present exchange rate in a chosen market.

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Foreign exchange, interchangeably referred to as forex or FX, is a type of trading that occurs across different markets or currencies worldwide. Trade happens between two pairs of currencies, and their exchange value depends on the present exchange rate in a chosen market.

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