Foreign Currency Trading Explained

3. Because of the absence of a central exchange, foreign currency trading happens between two parties directly. Buyers and sellers communicate and trade via the phone, the Internet or other communications networks worldwide. For complete information see Forex Education

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Apec ministers endorse mkt-oriented currencies
Singapore: Asia-Pacific finance ministers endorsed ‘market-oriented’ exchange rates on Thursday and said they would stick with economic stimulus plans until a sustained economic recovery was under way.
Source: www.financialexpress.com

Dollar edges up after months of declines that had developing nations worried about exports
FILE - In this Oct. 16, 2009 file photo, a bank clerk counts U.S. dollar notes near bundles of… FILE - In this Oct.
Source: abcnews.go.com

State Bank moves to cool gold market
The ban on gold imports has been lifted after a 16-month restriction aimed at cooling down the currently overheated market in the precious metal, State Bank of Viet Nam Governor Nguyen Van Giau told reporters in Ha Noi yesterday.
Source: vietnamnews.vnagency.com.vn