Description: Learn all about Trading Currency
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Trading Currency means the simultaneous buying of one currency and selling of another.
This process is carried out on the foreign exchange market, which is an electronic market that exists between a network of banks and not an actual market in the physical sense.
The FOReign EXchange market is commonly abbreviated to the term FOREX. Daily FOREX trading volumes can be around $3 trillion, making it the most liquid and largest trading market in the world. This makes it around 50 times larger than the New York Stock Exchange! Trading currency is also carried out on a true 24-hour market as there are always buyers and sellers around the world trading in foreign currency.
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