What is the Forex Market?
I think most of the users here are aware of that.
Nice information about Forex market. I want to share here that forex market is not only about foreign currency there are other options also available like metal gold, silver, crude oil and gas etc.
Only for serious traders.
+286 pips Usd/Jpy on 17/05/2013
forexsignalpips.com
Forex market is a place where we can be able to exchange currency at certain rate. for this we need to be very alert and analyses properly so that we can trade well.
The Foreign Exchange Market is also known as the Forex Market or FX Market.It is a market where participants exchange one currency for another, facilitating the exchange of trillions of dollars of transactions every day. There is no central location or exchange, rather money is transacted through a network of international dealers and brokers. Speculators also use the Forex Market, buying currencies that they think will increase in value and selling currencies that they think will decrease in value. One currency valuation will be relative to another currency; that is the reason why a price is given in relation to another currency, or what is called an 'exchange rate', simply, the rate at which one currency can be exchanged for another.
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The foreign exchange market, commonly referred to as the Forex, is the financial market where currencies are traded. Forex traders exchange currencies that they expect to hold or decrease their value for currencies they expect to rise. For instance, if the investor believes the US dollar will remain static while the euro increases in value, they will trade their dollars for euros. If the euro does rise, the investor will exchange the euros for dollars, getting more American money back than they put into the trade.
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