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Week Ahead: Forex news for trading

And want to buy cheese from France, if you are living in the U.S. This means forex news for trading that the U.S. Either you or the company that you buy the cheese from has to pay the French for the cheese in euros (EUR)).

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Currencies trade against each other as exchange rate pairs. For example, EUR/USD. Forex markets exist as spot (cash) markets as well as derivatives markets offering forwards, futures, options, and currency swaps. Market participants use forex to hedge against international currency and interest rate risk, to.

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