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MAXcontent: History of the currency market

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Monday, August 3, 2020

History of the currency market

History of the currency market

History of the currency market

Some scholars say that the currency market dates back to the Babylonian period in terms of fundamentals and principles. At that time, traders traded their goods for other things. Due to the lack of a central location and government participation, the market expanded significantly, contributing to the economic crisis in the United States in the 1920s and 1930s.

In these years (1929 in particular), and despite the passage of these long years (about 300 years), the exchange markets do not mean much for some individuals in the world.

Scholarships are available in all countries of the world and each scholarship has its own specialization and field. In addition to the currency market, there are other types of exchanges such as: metal exchanges, COMEX, NEMEX, energy exchanges, capital markets, debt markets, bonds, commodity markets such as orange juice, pigs, eggs, cereals, sugar and coffee.

There are two types of exchanges: Exchange Exchange Exchange Exchange on Networks [5]:

Forex markets for Exchange On The Counter (OTC) markets are markets for the sale and purchase of goods without a specific central location, but transactions between companies, banks and individuals across networks and computers (via telephone and server). The Internet to the computer is simultaneously one of the hundreds of banks around the world. That's why the currency market is huge. Hundreds of millions of dollars are sold and bought every few seconds. Currency exchange is also characterized by various indicators, technical analysis, news analysis and quick access to profits.

Although some analysts are divided, some only look at their risks and some in their advantages, but the currency market has found its way quickly, as did other channels of investment in the financial and metal markets, real estate, futures and others.

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