Foreign exchange, or forex, is the conversion of one country’s currency into another. In a free economy, a country’s currency is valued according to the laws of supply and demand.
FXTE – Forex Trading Essentials Coaching – Steve Nurre
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FXTE – Forex Trading Essentials Coaching – Steve Nurre – EFX07 – 20090824
Week 01 – 20090824 Steve Nurre – Forex Basics.avi
Week 02 – 20090831 Steve Nurre Chart Setup and Trading Platform Basics.avi
Week 03 – 20090914 – Steve Nurre Money Management and Trading Platform.avi
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Forex Trading – Foreign Exchange Course
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries allow their currencies to fluctuate freely against the currencies of other countries.