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-- Fundamental analysis involves looking at the impact of certain economic, political and social factors and their influence on the value of a particular currency. This includes things like interest rate announcements, unemployment data, GDP data etc. On a grander scale, it also looks at the impact that global economics has on the forex market too.
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Read related articles: Here you’ll find forex explained in simple terms. If you’re new to forex trading, we’ll take you through the basics of forex pricing and placing your first forex trades.‘Forex’ is short for foreign exchange, also known as FX or the currency market. It is the world’s largest form of exchange, trading around $4 trillion every day, and it is open to major institutions and individual investors alike.
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On the currency market, one currency is traded for another simultaneously. The aim of the game is to speculate exchange rate movements to make a profit.
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2. Monetary Policy for Dummies – Trade Strategy 1 I understand that based on my jurisdiction I am not eligible to open a live account with any FXCM Entity at the present time. My usage of the Practice Account Program will be limited to educational purposes only.
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