Currencies are important to most people around the world, whether they realize it or not, because currencies need to be exchanged in order to travel aboard or conduct foreign trade and business.
The foreign exchange market is where currencies are traded. When investors trade foreign exchange (forex or FX for short) they’re buying and selling currencies over the foreign exchange market.
The forex market is the largest and most traded financial market in the world. The forex market has grown to a daily trade volume of over $5 trillion a day which is over 200 times bigger than the New York Stock Exchange.
Today, I talk about if the trading a strong vs. weak currency and how fundamentals helps to decide which pair to trade.
@rollandthomas/forex-relative-strength-analysis-report-for-week-starting-10-25-20
https://www.reuters.com/article/us-canada-forex-idCAKBN27B1O3
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