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Basics of forex trading

    currencies USD = US dollar EUR = Euro JPY = Japanese Yen British pound = pound sterling CHF = Swiss Franc CAD = Canadian dollar AUD = Australian dollar NZD = New Zealand Dollar Currency… Basics of forex trading

    currency mode

      Banks engage in foreign exchange operations. When they are bought/sold, an asset (claim) is formed in that currency and there is a liability (liability) that is formed in another currency. Therefore, banks have demands and… currency mode