Trade for Life Intensive Training Course (vcmtrading.com)
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one countryโs currency into another.
In a free economy, a countryโs currency is valued according to the laws of supply and demand.
In other words, a currencyโs value can be pegged to another countryโs currency, such as the U.S. dollar, or even to a basket of currencies.
A countryโs currency value may also be set by the countryโs government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
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