Forex market is the international foreign exchange market. It gets its name from the English shortening FOReign Exchange – foreign exchange operations. Forex market is one of the youngest financial markets (Forex has been functioning since the 70's of the last century). However, it is the largest in volumes and the most fast-growing market. The daily trading turnover on Forex amounts to about 4 trillion US dollars, which by 30 times exceeds the joined volume of all stock markets in the USA.
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