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FOREX means foreign
exchange. The FOREX market is the global inter-bank market where
all currencies are traded. To exchange two currencies one should sell one
currency and buy the corresponding amount of another.
Price movements on the FOREX
market are very smooth and without gaps. The daily turnover on the FOREX
market is about $1.2 trillion, so investor can enter and exit position without
problems. The fact is that the FOREX market never stops, even on the
day of September-11, 2001 you could obtain two-side quotes on currencies.