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USD/JPY Open Position Entry Prices

USD/JPY Open Orders

EUR/USD Open Position Entry Prices

EUR/USD Open Orders
Institutions and corporations in the international market place oftentimes need a certain currency to complete a deal, or to guard themselves from the effects of currency swings and rate changes. The first currency in the pair is called the base currency and the second is called the counter currency.

Since forex is a world trading market, different countries' markets will open and close at different times and thus provide needed liquidity and allow for 24 hour a day trading. Central banks around the world continue slashing rates as the global slowdown intensifies, with only forex trading remaining potentially profitable.