Reasons come in a variety of forms. The first is to protect oneself from the potentially disastrous effects of fluctuations in foreign exchange and interest rates. Since economies are currently struggling with inflation and the need to raise interest rates, this is a timely topic. Foreign exchange is also utilized for geopolitical event speculation, such as betting on Russia’s war with Ukraine. When a country’s currency’s value fluctuates due to political events or natural calamities, it can result in either a trading gain or loss. Businesses also use the foreign exchange. Businesses with international operations use a foreign exchange (Forex) […]