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Out of the three types of currency pairs, it is more common that the exotic currency pairs are the most volatile in the Forex market as their liquidity is often lower than the one of the major pairs. Often, economic and market events, for example, a change in the interest rate or a price surge in commodity values, can trigger Forex volatility.

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3. What is the UAE's official currency? The UAE dirham. However, many professional traders prefer the USD as it is a refuge currency that is highly liquid 

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