The Forex is an exchange market for the world's money. This is where traders speculate on the exchange rates of currency, hoping to buy currency that is increasing in value and selling currency that is decreasing in value.
The profits that are made in the Forex market are made by the difference in the two currencies that are being traded. Currencies in the Forex market are sold in pairs of currencies that are pitted against one another.
Although the New York Stock Exchange is one of the largest in the world, Forex is even larger with more than $1.5 trillion dollars traded each day. Note that this makes the Forex market 100 million times larger than NYSE. Forex has become the absolute mother of all trading markets, yet transactions to exchange currency for travelers or business account for only five percent of its business.
The Forex market is a virtual market. There is no meeting place for the buyers and the sellers, or a specific building, where the brokers hang out. Instead all of the trading is, literally, done online or by phone.
There is no building where buyers and sellers meet for the Forex market. There are no brokers hanging around. The Forex market is a virtual market and all of the trading takes place over the phone or online.
The Forex trading day lasts for six days straight. It begins in Sydney, moves to Tokyo and on to Frankfurt, London and then New York before going back to Sydney. It closes in New York on Friday night. During the week, at any time of the day or night, someone is trading on the Forex market.
Extended trading hours allow investors opportunities to speculate on movements of national currencies. Information regarding a country's economic growth or decline reflects in the trading in the market and yields unique opportunities. - 20896
The profits that are made in the Forex market are made by the difference in the two currencies that are being traded. Currencies in the Forex market are sold in pairs of currencies that are pitted against one another.
Although the New York Stock Exchange is one of the largest in the world, Forex is even larger with more than $1.5 trillion dollars traded each day. Note that this makes the Forex market 100 million times larger than NYSE. Forex has become the absolute mother of all trading markets, yet transactions to exchange currency for travelers or business account for only five percent of its business.
The Forex market is a virtual market. There is no meeting place for the buyers and the sellers, or a specific building, where the brokers hang out. Instead all of the trading is, literally, done online or by phone.
There is no building where buyers and sellers meet for the Forex market. There are no brokers hanging around. The Forex market is a virtual market and all of the trading takes place over the phone or online.
The Forex trading day lasts for six days straight. It begins in Sydney, moves to Tokyo and on to Frankfurt, London and then New York before going back to Sydney. It closes in New York on Friday night. During the week, at any time of the day or night, someone is trading on the Forex market.
Extended trading hours allow investors opportunities to speculate on movements of national currencies. Information regarding a country's economic growth or decline reflects in the trading in the market and yields unique opportunities. - 20896
About the Author:
We tested several programs that require little knowledgeand low investment. The best we found is a robot that, after a simple 5 minute download, amazingly does all the work and provides returns far in excess of 1000%! Skeptical? We were too. Look at the proof in the form of live streaming reports at The Forex Robot information page.
No comments:
Post a Comment