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price. A French tourist in Egypt can't pay in euros to see the pyramids because it's not the locally accepted currency. Today, daily Trading Strategy For Traders of the Foreign Currency Exchange (. As such, the tourist has to exchange the euros for the local currency, in this case the Egyptian pound, at the current exchange rate. Simply, forex is the market in which currencies, or money, crypto monnaie anglaid are traded in the interbanking system. Last 30 Days, news, block Filter, impact Hurdle. Latest, hottest, last Commented, most Commented, most Viewed. Although the spot market is commonly known as one that deals with transactions in the present (rather than the future these trades actually take two days for settlement.
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Saving, news Block Settings Show Category All News Breaking News Fundamental Analysis Technical Analysis Entertainment News Forex Industry News Educational News Display Format Headlines Stories Large Stories Comments Display Items Sort By Latest Hottest Last Commented Most Commented Most Viewed Latest Liked Best Liked Sort. After a position is closed, the settlement is in cash. By Investopedia Staff, what Is, forex? The same goes for traveling. The foreign exchange market (or forex chf thb " forex " for short) is the biggest financial market in the world, with over 4 trillion worth of transactions occurring every day. If you are living in the.S. Forex may the pips be with you!