In the foreign exchange market, the demand for one currency is the supply of another currency.

Name: In the foreign exchange market, the demand for one currency is the supply of another currency.
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In the foreign exchange market, currencies are always traded in pairs. Therefore, the demand for one currency implies the supply of another currency. For example, if someone wants to buy USD (demand for USD), they have to sell another currency such as EUR, JPY, or GBP (supply of EUR, JPY, or GBP).

In the Foreign Exchange Market, the Demand for One Currency