Forex Market - The Role of the US Dollar in Forex Trading and Global Markets

The U.S. Dollar is often viewed as one of the safest investments in the Forex trading market and in terms of currency reserves as a whole. The United States Dollar is essential for facilitating global trade and is used as a reserve currency by many countries. Many trade deals between countries that do not use the US Dollar, such as Japan and France, are still conducted in the Dollar. Given the Dollar's role in international trade it is always in demand. Further the U.S. Dollar is the most widely accepted currency in the world and is the official currency in numerous countries.

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