Forex exchange history

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Forex click here are derivative contracts in which a buyer and a seller agree to a transaction at a set date and price.

This type of transaction is often used by companies that do much of their business abroad and therefore want to hedge forex exchange history a severe hit from currency fluctuations. It also is subject to speculative trading. As a result, the trader bets that the euro will fall against the U. Over the next several weeks the ECB signals that it may forex exchange history ease its monetary policy.