Stock market glossary
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Forex (currency market)
Forex is the market where currencies are exchanged, such as the euro against the dollar: it is the largest financial market in the world.
Currencies are quoted in pairs: EUR/USD at 1.10 means one euro is worth 1.10 dollars. Exchange rates move with interest rates, inflation, economic growth and politics. Even buyers of foreign shares are exposed to exchange rates, because the value in euros also depends on the currency.
💡 On Fanta-Trade you can follow and buy the main currency pairs in the Forex section.
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