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OzForex Foreign Exchange Transfers

StartingForex.com

Q: What is Forex?
A: Forex, known as Foreign Exchange, Currency Trading, Cash Market, is the simultaneous buying of one currency and selling of another.  Currencies are traded through a broker and are listed as currency pairs, like USD/JPY or EUR/USD.  One currency increases or decrease in value over the other, you make money depending if you bought or sold in that currency pair.

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