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June 6, 2008, Newsletter Issue #57: What are Foreign Currency Exchange Rates?
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Tip of the Week
Fxclub.com Tip: The simplest definition of foreign currency exchange rates is the rate at which one currency, such as U.S. dollars, can be traded for another. As these currency exchange rates fluctuate constantly, there is considerable opportunity to earn money from the differences - called "arbitrage."
There are online sites that show currency exchange rates in real time where traders, or travelers, can check exchange rates.
The market through which investors trade in foreign currencies is called the Forex market.
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Greetings,
Forex Club is excited to announce a special program. When you open a new trading account we will deposit $100 on it to help you to get started with Forex trading. Since there are no fees to open an account, in essence, this means that you can start actual forex trading without spending a single dollar. Sounds like a pretty good deal, does not it? This is way better than a demo account. You can find out details about this promotion program here: http://www.fxclub.com/incentive
Thank you for your interest and good luck! Forex Club, New York
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