Forex Definition
Foreign Exchange (Forex) market is trading in foreign currency exchange two foreign currencies are different. Forex trading is the most liquid market and the largest in the world where large volume of trading reached 2 trillion U.S. Dollars per day.
Forex market has no office or physical location, active investment instruments 24 hours a day and 5 days a week so that forex trading can be done online whenever and wherever you are. This trade took place globally between the financial centers of the world by involving major banks of the world as the main executor of this transaction.
The Currency Trading
Not all currencies are traded here, which applies only currency that the country has fundamentally advanced the volume of exports and imports are stable. Such as currency USD (U.S. Dollar), EUR (Euro), GBP (British Pounds Sterling), Yen (Japan), AUD (Australian Dollar), CHF (Swiss Franc). Examples of traded EUR / USD, GBP / USD, USD / JPY, USD / CHF etc..
Foreign Exchange (Forex) market is trading in foreign currency exchange two foreign currencies are different. Forex trading is the most liquid market and the largest in the world where large volume of trading reached 2 trillion U.S. Dollars per day.
Forex market has no office or physical location, active investment instruments 24 hours a day and 5 days a week so that forex trading can be done online whenever and wherever you are. This trade took place globally between the financial centers of the world by involving major banks of the world as the main executor of this transaction.
The Currency Trading
Not all currencies are traded here, which applies only currency that the country has fundamentally advanced the volume of exports and imports are stable. Such as currency USD (U.S. Dollar), EUR (Euro), GBP (British Pounds Sterling), Yen (Japan), AUD (Australian Dollar), CHF (Swiss Franc). Examples of traded EUR / USD, GBP / USD, USD / JPY, USD / CHF etc..
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