Tuesday, April 15, 2008

FOREX

The word "forex" means speculation in the foreign exchange market or the stock market in the world for foreign money short, which suited for the word in the English language is "Foreign Exchange market" And be speculation by buying and selling currencies basic acquire basic share from operations in the forex market is the dollar base currency, the euro, the pound sterling and Swiss franc and the Japanese yen. Buying and selling those currencies and the U.S. dollar or other currencies among themselves, which defines spouses of currencies and the dollar or any American currency against other currency value. , Is speculation in currencies earn from trade on the stock market, and also the most risky, because of the rapid fluctuations in the currencies of the upward trend to trend downward, or vice versa. In addition to the currency market there are other types of stock exchanges are: gold and silver exchanges, Petroleum Exchange, shares and bonds, agricultural and energy. The currency exchanges are characterized by various indicators and technical analysis, news analysis and rapid access to the profits. The daily volume of currency trading in the forex market to reach $ 3 trillion The forex market is not a market literal sense of the word, since it has no center, no place has a certain exercise a trade. The trading exercised through contact telephone and Internet computer at one time among hundreds of banks around the world. Hundreds of jobs and sold dollars to buy every few seconds, and this is the so-called trading currencies. Forex market combining four regional markets: Australian and Asian, European and American. And continue operations where all trading days of work, and the market operates around the clock 24 hours a day. And the relative calm from 20:00 pm until 01:00 GMT, and was due to the closure of the New York Stock Exchange eighth in the evening and start work on the Tokyo Stock Exchange one o'clock. And the changes of exchange rates, which helps large multinational to do some business operations during one day. It is known that the large declines influence on the financial markets, which could lead to the collapse of shares or bonds. The forex market decline in the dollar (for example) means the price rise of the second currency and there is no such mention the collapse of shares or bonds.

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