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Forex, short for "foreign exchange," is the global marketplace for trading currencies. It operates 24 hours a day, five days a week, allowing traders worldwide to buy and sell currency pairs. Participants include banks, corporations, governments, and individual traders. The forex market is decentralized, with transactions occurring over-the-counter (OTC) rather than through a central exchange. Major currency pairs, such as EUR/USD, GBP/USD, and USD/JPY, are the most traded. Forex trading attracts investors due to it
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