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What is FOREX?

By Dana LaTisse
Horizontales
The ratio of the amount used in a transaction to the required deposit
Currency code for the United States Dollar
Moving open positions from one trading day to another
_____________ is traded in forex
Currency code (symbol) ALWAYS used in a major currency pair
There are 8 ____________ currencies that are frequently used
Currencies are traded in ___________
Controlled by several local offices or authorities rather than one single office or authority
Nickname for the New Zealand Dollar
Currency for Great Britain
Forex trading is when you simultaneously ____ one currency and sell another
_________ betting is illegal in the United States
Enables traders to speculate on the price movement of assets without purchasing the assets themselves
_________ forex brokers allows one to trade with leverage
Over-the-counter
Country that uses "loonie"
Verticales
Offers exposure to a single currency or basket of currencies
Currency for Europe
Foreign Exchange Market
_____________ rates may change by the hour, minute, or even by the second
Contracts to buy or sell asset at a specified price on a future date
First 2 letters in the currency symbols identify the name of the ___________
Having a high volume of activity
In a __________ FX market, a trader is buying and selling an agreement to make or take delivery of a currency
Act of buying a financial asset, hoping to make a profit
Liquid assets; cash
Nickname for the Australian Dollar
Currency code for the Japanese Yen
Currency for Switzerland
Gives the buyer the right to buy or sell an asset on an expired date