A corex exchange option commonly shortened to just FX option is a derivative where the owner has the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date. In a swap, two parties exchange currencies for a certain length of time and agree to reverse the transaction at a later date. Most traded - By volumes. However, this market remains in the confines of a longer-term Downtrend with tight money management stops. National central banks play an markt role in the foreign exchange markets.
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