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The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United States to import goods from the European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation based on what is forex trading the interest rate what is forex trading differential between two currencies.[2]
In a typical what is forex trading foreign exchange transaction
  
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forex brokers reviews

In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying some quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management forex brokers reviews established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries forex brokers reviews gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as http://forexbrokers4all.wordpress.com/2013/07/08/forex-brokers-reviews  per the Bretton Woods system

  
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