Bringing the foreign exchange market (Forex)
Business news talk and the market value of the coin, you can follow a different action, trends, causes, and so on. You can read the experts and I understand you, but you want to invest their savings for those who started reading about economics, or start, which is always a very complicated world.
Will be the operations of article (recommended for beginners) foundation stone for the so-called Exchange stock exchange or market, which is often used, refers to the Exchange, which stands for "change."
What is Forex?
Perhaps, this account has been unwittingly involved in the Forex market. In another country, gone, currency conversion at the airport and you will change your money to your wallet you can visit the national currency.
This foreign exchange market has already taken part in Exchange. Or the market, if a citizen of Spain, United States, must sell the euro, they will buy dollars.
He was home when you leave $, returned $ to exchange for this warning, changed the exchange rate. It is these fluctuations get (or loss) for the exchange rate for the currency in the foreign exchange market.
Therefore, the Forex market is the largest and strongest in the world, though not the most famous market. Is that banks and private providers (or distributor), to promote the Exchange of large foreign currency for trade and investment between the countries. The market is open day and night (except weekends) and the volume amounted to some $5 trillion per day.
For example, the Forex market is relatively small compared with the 30 billion in trading on the New York Stock Exchange. 5 billion, a large number of global exchange completed, shows but in private providers about the 30% of the world's population, market trading volume, or on the same day 1.5,000,000,000.00
