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Nature and Environment

Origins of Modern History: A Study of Forex Trading

The history of modern currency exchange began in the 19th century, with the creation of the gold standard, a system of exchanging money by fixing its value to the price of gold. This allowed for the creation of long-term investments as the value of the currency was no longer tied only to the release of coins, but rather to a set amount of gold. This system of currency exchange allowed for the establishment of global markets, eventually leading to the rapid growth of the foreign exchange market as we know it today.

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