The four major forex exchanges are located in New York, London, Singapore and Tokyo. When more than one exchange is simultaneously open, this not only increases trading volume, it also spikes volatility the extent and rate at which equity or currency prices change , which likewise benefits forex traders..Unlike Wall Street, which runs on normal business hours, the forex market runs on the normal business hours of four different parts of the world .Forex Currencies The Four Major Pairs. In forex trading, four major currency pairs are the most popular EUR USD The euro and the U.S. dollar. USD JPY The U.S. dollar and the Japanese yen..
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