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Saturday, August 1, 2009

Forex News and Research

FOREX stands for the foreign exchange market. This market is where currencies in the world are traded through almost 2 trillion trades completed every single day. Even though the Forex market is the largest in the world in terms of the total cash value traded, everybody is welcome to participate and has the possibility of making huge profits.

But understanding the gigantic Forex market is not easy. There is no central marketplace for currency exchange and this enormous currency market is open 24 hours a day every business day, with currencies being traded between every major worldwide financial centers. How do you make incredible profits in Forex rather that falling in with the 95% of traders who do not? By relying on solid Forex market research, currency news and solid analysis rather than by instinct or gut feeling.

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