Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its

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Unlike stock markets, which can trace their roots back centuries, the forex market as we understand it today is a truly new market. Of course, in its most basic sense—that of people converting one currency to another for financial advantage—forex has been around since nations began minting currencies. But the modern forex markets are a modern invention.