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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