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do you know what the "reserve currency" is?

glossary FAQ: glossary.
B. Salazar from United States
18 January, 2010

A foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations, or to influence their domestic exchange rate. Currently, the U.S. Dollar is the primary reserve currency used by other countries. A very large percentage of commodities such as gold and oil are usually priced in U.S dollars, causing other countries to hold this currency to pay for these goods. A large debate still continues about whether or not the U.S. Dollar will stay the main reserve currency or if it will shift over to the euro. Visit NobleTrading

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Top Forex Signals Recommends Forex Trading USA
Forex Trading USA:
The retail self investing forex server Forex Trading USA is headquartered at 2150 Coral Way, Suite 5D Miami, Florida 33145, USA. After an unobtrusive start a few years back, Forex Trading USA is gradually taking it's place as one of the most efficacious platforms on the Internet.
The Platform:
If you hold the attitude that you have horse loads of server based communication shmutz you're fringe of the deal - you're wrong. To tell you the truth, this program's not awfully innovative, but instead, it employs the more traditional technology of it's predecessors. Like Seinfeld's crew says: not that there's anything wrong with that! This platform has a customer support line and twenty four seven service. By the way, although Forex Trading USA has a minimum deposit that a high roller table, If you are just a first time user, this platform is exactly what you're looking for as it offers an array of educational courses.
Ups:
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Downs:
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Short Story:
A dependable yet mediocre platform.