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Currency can be traded through spot transactions, forwardsswaps and option contracts where the underlying instrument is a currency. The digital site where one currency is exchanged for another, the forex market has a lot of unique attributes that may come as a surprise for new traders. However, most international forex trades and payments are made using the U. Duringforex trading international market country's government accepted the IMF quota define incentive stock options international trade. President, Richard Nixon is credited with ending the Bretton Woods Accord and fixed rates of exchange, eventually resulting in a free-floating currency system. Forex and Leverage The number one thing that hangs most traders out to dry is the ability to use a trading feature called forex trading leverage. As a result, the Bank of Tokyo became the center of foreign exchange by September

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