The simple answer is MONEY. Specifically, currencies.
The price of the currency is usually a direct reflection of the market’s opinion on the current and future health of its respective economy.
In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country’s economy, compared to other economies.
Major Currencies
Most heavily traded currencies and represent some of the world’s largest economies.
USD, EUR, JPY, GBP, CHF, AUD, NZD, and CAD
There are HUNDREDS of currency pairs in existence but not all can be traded in the FX market
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Cryptocurrency is a form of payment that can be exchanged online for goods and services.
Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would...
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