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JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (£1.2bn) on complex investments made by its traders.
Trading currency in foreign exchange markets, or FOREX, the world’s largest securities market is available to anyone with small capital. The essence of foreign currency trading is simple. You buy one country’s currency with that of another country. If the exchange rate changes in your favor, you buy the original currency back at a profit.
Educate yourself on how the foreign exchange markets work…