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Major global foreign exchange markets and well-known foreign exchange dealers

The foreign exchange market refers to a trading market involving banks and other financial institutions, proprietary dealers and large transnational enterprises, connected through intermediaries or telecommunications systems, and trading in various currencies.

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What Does The Federal Reserve Mean?

The Federal Reserve System or Federal Reserve, informally known as The Fed, known simply as the Federal Reserve, is responsible for carrying out the duties of the central bank of the United States.