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Social implications - – The way Islamic FOREX is marketed today to online users as synonymous with gambling, and, although branded as Islamic, the actual technical processes that underpin Islamic FOREX products are the same as conventional FOREX products and therefore not compliant with Islamic principles.
In conclusion, the study confirms the extremely high level of risk in Forex trading, which is inappropriate for the majority of individual investors.
However, signals are not useful unless buyers notice these signals and believe that these signals are true.
However, incorrect predictions in Forex may cause much higher losses than in other typical financial markets.
Our numerical results suggests that market reactions and the jumps in the forex market are complements when the reactions increase the forex rate volatility; otherwise, they are substitutes.
The results also show that forex sales, but not forex purchases, react to volatility, indicating asymmetry in the central bank’s reactions to episodes of appreciation and depreciation pressures.
Preliminary evidence is found for a ‘multifractal’ structure of the very high frequency Forex (Foreign Exchange) fluctuations.
This could be taken as an indication that the cryptocurrency market has begun decoupling itself from the Forex.
There exist however interesting peripheral differences that may open a new perspective to view the Forex dynamics.

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