Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
Foreign exchange, commonly known as âForexâ or âFXâ, is the exchange of one currency for another at an agreed exchange price on the over-the-counter (OTC) market.Forex is the worldâs most traded market, with an average turnover in excess of US$4 trillion per day.or example, in EUR/USD, EUR is the âbaseâ currency and USD the âcounterâ currency. Forex price movements are triggered by currencies either appreciating in value (strengthening) or depreciating in value (weakening).