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Global Forex Trading Links
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NEW YORK/LONDON: Foreign exchange turnover slipped in much of the world in late 2011, a move analysts attributed to intervention by central banks damping speculation even as hopes for a stronger US economy drove volume up in North America .
UPDATE 2-Global forex volumes dip, up in N.America
(Recasts, changes dateline to include LONDON, adds globalmarkets, analyst comment) NEW YORK/LONDON, Feb 6 (Reuters) - Foreign exchangeturnover slipped in much of the world in late 2011, a moveanalysts ...
Forex refers to the foreign exchange markets and the buying and selling of currencies. Every day an average of more than 3 trillion dollars in transactions takes place in the Forex Market. Each of these transactions plays a vital role in establishing a currency pair’s exchange rate.