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