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Forex is simply a term referring/the exchange of foreign currencies. The Forex market is the marketplace where world currencies are traded. There are many factors that can affect foreign exchange rates, including interest rates, inflation, political conditions, economic growth and national trade balances.
At ETX Capital Forex is one of our most popular markets with thousands of trades being placed each day. Trade the FX markets now.
Quotes from Societe Generale Cross Asset Research:
-AUD/USD: 0.9343 - 0.9367 overnight range. Spot recovers well from yesterday's low of 0.9329 but further gains may be capped around 0.9400 as investors pay heed to renewed RBA jawboning and weaker data. EUR/AUD stable above 1.4500.
OPTIONS - 1MTH AUD/USD VOLUME ENTERS 'BUY ZONE'
