Forex Market

Thursday, October 28, 2010
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If you’ve ever traveled outside of your home country, there’s a good chance that you’ve already performed a currency transaction. In most cases, travelers must exchange their “home” currency for the currency of the country they are visiting. Please note that there are two currencies involved in this transaction, but only one exchange rate.

For example, when a traveler from the United States crosses the border into Canada, he or she now must exchange U.S. dollars for Canadian dollars. This traveler is essentially selling the U.S. dollar and buying the Canadian dollar.

Here is to an improved about Forex Market

Follow the link below to understand more about Forex Market:
... And I hope, an explanation of the Foreign Currency Exchange Market can provide benefit and increases your understanding of Forex Market.

Good luck and happy learning foreign currency exchange.

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1 comments:
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