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The foreign exchange market involves trading one type of currency for another. The forex market is therefore open 24 hours a day making it the biggest trading market. Most foreign currency services, traders and trade daily. With over three trillion dollar...

Foreign Exchange risk (forex risk) is a financial risk that arises when a nation incurs debt in a foreign currency. That nation can then suffer substantial losses if the value of its domestic currency depreciates in relation to a foreign currency. The val...