Forex market or currency – is the most important branch of financial trade and most useful and accessible to all. A million merchants and over five days a week using more features and greater volumes of liquidity for trading in the world. Forex is today one of the most important new financial markets and most revolutionary in the world of trade.
We offer you to take a look at the history of the emergence of FX and also learn the key features of quality
The word "FX" means in a nutshell the Forex market or stock exchange foreign money world which fits to the word "FOReign EXchange market" in English. And are speculative by buying and selling currencies which possess the core share of operations in the Forex market is the u.s. dollar (USD) (base) and euro (EUR) and pounds sterling (GBP), Swiss franc (CHF), Japanese yen (JPY).
And those are buy and sell currency in u.s. dollars or other currencies among themselves which is known as currency pairs in US dollar or any currency against another currency. Is speculation on currency trading in stock exchanges, win and most risky also, due to the volatility of currencies upward trend to trend downward or vice versa. In addition to the currency market there are other types of exchanges: exchanges, gold and silver, oil stock, stock and bonds, agricultural crops and energy. Either currency exchanges with various technical analysis indicators, and news analysis and rapid access to profits.
And the bond markets and sell the future (future-FUTURE) different basic and inadequate compared to the currency market: it stop working at the end of the day, you work with the next morning. And of course, if you are trading in the markets of Germany, for example, occurred in America events had a significant impact on the market, you may find the market at the beginning of its work significantly different from what you expect.
The Forex market is not a market literally, since it does not have a Center and does not have a specific place when trading. The trade practised by contacting telephone survey of computer and Internet simultaneously among the hundreds of banks around the world. Hundreds of the millions of dollars sold and purchased every few seconds, and this is the so-called Forex trading.
Forex market combines four regional markets: Australian and Asian, European and American. And continue trading when every working day, and 24-hour market works 24 hours a day. And the relative calm from 20: 00 until 01: 00 GMT, and was due to close the New York Stock Exchange at 8 pm and begin the Tokyo Stock Exchange in a.m..
The currency market is not about working hours because trade exchanges between banks that are located in different parts of the world. Currency rates and multiple large changes which helps to do some business operations during one day. It is known that falls had a significant impact on financial markets, which could lead to the collapse of stocks or bonds. As the Forex market, the US dollar's fall (for example) means the rise of other currency and there is no collapse like stock or bond market.
Established Forex (FOREX) for financial transactions between banks in 1971 when turned world trade transactions from using fixed values of currencies to float values. This is a result of financial transactions by financial market agents to transfer a certain amount of money in the currency of one country for currency of another country previously agreed value for a particular date. Determines the specific currency conversion rate for other currency simply: supply and demand for the conversion you agreeable.
The volume of transactions in the global capital market in steady growth. This is related to the significant development of world trade and lifting currency in many countries. That 80% of each transaction is a currency market speculation aimed at obtaining profits from Exchange rate differences. These speculations attracts many participants both from financial organizations or individual investors.
As a result of the enormous development in communication technology over the last two decades has changed this market in itself. The currency trader profession which was enclosed by the aura of secrecy has become almost unanimous. The trade in currencies which was until recently confined to the major monopolistic banks become affordable as a result of electronic commerce. Even the biggest banks in favour of electronic trading as well as on personal transactions between two parties.
The daily volume of trading currencies on the Forex market up to 3 trillion dollars. And for comparison recall that the size of the New York stock exchange activities does not exceed 300 billion dollars a day, any needed half a year to the New York Stock Exchange up currency market size.
And important characteristics of the Forex market is a property of the balance, although this seems strange. Everyone knows that property of the financial market is getting off. But the Forex market differs from the stock market in that land. When you lose the value of stock collapse. If the dollar collapsed, for example, that just means that another currency has become stronger-an example of the Japanese yen, which became in a few months of 1998 almost quarter stronger for the dollar. The falling dollar has arrived for some days in this period tens of per cent. Though never the collapse of market transactions continued as usual. In the currency market stability is limited and its associated action. Currency is a commodity full liquidity can be bought or sold at all times.
Currency market works every time without stops and is not related to hours of work assigned to the Bourse, transactions between banks in different parts of the globe. Changes in currency rates are significantly and repeatedly be sufficient to do several operations each day. If you have tried trading technology and guaranteed you can make it work don't compare the effectiveness of the effectiveness of any other area. Therefore we find big banks acquiring the most expensive equipment and used dozens of specialist trading in XHTML for the currency market.
That continued to engage in this work isn't great. In fact, that needs work in this area of the primary acquisition computer lesson and purchase information service and insurance value not exceeding all together a few of
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