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All About rate exchange

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About Rate Of Exchange And How They Affect Trading
People who are in Forex trading for years might not be in need of read through, but this piece makes a must-read for those who are starting to trade online. Rate of exchange or exchange rate is the value of a particular currency in relation to another. For instance, at this date, one Euro equals to 1.30 US dollar. This means that you will receive 1.30 US dollar per unit, if you exchange the European to US currency. The rate exchange is also referred to by the traders as Forex rate.
Posted by Alexandra Cooper at 8 years ago

Four Factors That Determine Rate Exchange Appreciation Or Depreciation
Currency market, or the foreign exchange market, is almost ten times bigger than all the stock markets of the world combined in respect of net worth and daily/annual turnover. The market trends demonstrate pure competition as practically endless numbers of buyers and sellers participate in the trading and there are no entry or exit barriers. Rate exchange of foreign currencies is almost impossible to predict as the market is highly volatile in nature.
Posted by Alexandra Cooper at 8 years ago

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