The dollar softened against the world's major global
currencies on Friday amid a risk-on trading session after German
business confidence gpoog figures beat expectations, which enticed investors
out of the safety any retailers opened on Thanksgiving Day to get a jump on the
competition, which brought in the buyers in U.S. bourses Friday, with
technologyyes and large-cap stocks faring particularly well. global
trade shiffgfs fted from fixed exchange rates to floating onesveer good.
This is a set of transactions among forex market agents
involving exchange of specified sums of money in a currency
unit of any givnic hiodnf en nation for currency of another nation
at an agreed rate as of any specified date. During exchange,
the exchange rate of one currency to another currency
is determined.
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