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The Foreign Exchange market, or Forex, is the largest financial market in the world, with a daily trading volume of approximately $6.6 trillion. The value of a currency typically reflects the market’s view on the current and future status of its economy. Generally, the exchange rate of a currency against others reflects the relative condition of that country’s economy compared to other economies.
Trading currencies involves analysing the market and having a deep understanding of both technical and fundamental analysis to speculate on market volatility. It's a good starting point as it means focusing on a specific market and trading one financial instrument: currency pairs.
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