Posts Tagged ‘foreign exchange currency’
What is Forex?(short for English foreign exchange)
April 6th, 2010
The Forex market or foreign exchange currency market is a wide world. It is decentralized and accessible to all: when a tourist in Tokyo buys dollars with yen, it performs a transaction on the forex market - just as when a multinational converts million pounds sterling. This makes it the largest market in the world, made volatile by the large volume of transactions, it is also always open, except on weekends.
Many clients are seeking only forex trading foreign currency against theirs, as companies needing to pay salaries beyond where they sell. But a large part consists of currency dealers who speculate on movements in exchange rates - in the manner of those who are on the evolution of stock prices .
Many clients are seeking only forex trading foreign currency against theirs, as companies needing to pay salaries beyond where they sell. But a large part consists of currency dealers who speculate on movements in exchange rates - in the manner of those who are on the evolution of stock prices .
Tags: foreign exchange currency, forex market, forex trading, The FOREX market
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