Most forex traders are not made to swap currencies but rather to bet on potential price fluctuations, just as you might be trading stocks. Forex traders, similar to bond traders, are trying to buy currencies whose prices they assume will grow compared to other currencies or get rid of currencies whose buying power they predict will decrease. Forex traders like Najam Mahmood wish to bet or hedge against potential price fluctuations in a currency using the forward and futures markets mainly. In these markets, the exchange rates are dependent on what is happening in the spot market, which is the main forex market and where most forex transactions are carried out.
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