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Right now, many people are making huge profits by trading in the UAE forex. A computer, phone and internet are enough to start trading in this global virtual market. With ForexTradingUAE.ae you will choose the best Forex brokers in Dubai and the UAE, and this will have a huge impact on your overall performance.
US, Australian and Canadian dollars, Euro,
British Pound, Dirham and the Japanese Yen are six major currencies that are commonly traded in UAE Forex. However, there is a list of so many other currencies that are also traded, but are some of them are termed as minor currencies.
In this market, currencies are usually traded in pair format like USD/EUR or USD/JPY. The base currency is the first mentioned currency. For instance in USD/JPY, USD is the base currency.
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