Forex Trading or FX Trading (short for Foreign Exchange or Foreign Currency exchange-FX) is the currency trading between the two countries which differ in value from time to time.
Forex is an investment product and the liquid nature is international. Currency differences between the two countries has changed from waku to waktulah the basis of profits earned.
Actually the existence of forex trading has long been available since the discovery of a technique to convert a country's currency into another country's currency. However, the new institutionally there after the establishment of the arbitration agency contracts (futures). An example is the IMM (International Money Market, founded in 1972) which is part of the CME division (Chicago Mercantile Exchange-specific handling perishable commodities products). Another example is the LIFFE (London International Financial Futures Exchange), TIFFE (Tokyo International Financial Futures Exchange) and so on.
The velocity of money that happens in the forex market to reach U.S. $ 5 trillion per day (BIS survey, the Bank for International Settlements, in Setember 2008). This amount is 40 x greater than the velocity of money if the other futures exchanges like any commodity or stock markets in every developed country stock exchanges anywhere! This means that the big trading volume, this market is very liquid (liquid), and control of trade can not be held by only a few parties who have a large capital. These currency movements completely dependent on the market. There are many big and small players in the forex trading, but none of them are able to control the movement of foreign exchange rates.
Currency is often traded currencies of developed countries like the U.S. dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound Sterling (GBP), Australian Dollar (AUD) and Euros (EUR). All of these currencies are traded in pairs (called a pair), for example EUR / GBP, CHF / JPY and so on.
Forex is an investment product and the liquid nature is international. Currency differences between the two countries has changed from waku to waktulah the basis of profits earned.
Actually the existence of forex trading has long been available since the discovery of a technique to convert a country's currency into another country's currency. However, the new institutionally there after the establishment of the arbitration agency contracts (futures). An example is the IMM (International Money Market, founded in 1972) which is part of the CME division (Chicago Mercantile Exchange-specific handling perishable commodities products). Another example is the LIFFE (London International Financial Futures Exchange), TIFFE (Tokyo International Financial Futures Exchange) and so on.
The velocity of money that happens in the forex market to reach U.S. $ 5 trillion per day (BIS survey, the Bank for International Settlements, in Setember 2008). This amount is 40 x greater than the velocity of money if the other futures exchanges like any commodity or stock markets in every developed country stock exchanges anywhere! This means that the big trading volume, this market is very liquid (liquid), and control of trade can not be held by only a few parties who have a large capital. These currency movements completely dependent on the market. There are many big and small players in the forex trading, but none of them are able to control the movement of foreign exchange rates.
Currency is often traded currencies of developed countries like the U.S. dollar (USD), Japanese Yen (JPY), Swiss Franc (CHF), British Pound Sterling (GBP), Australian Dollar (AUD) and Euros (EUR). All of these currencies are traded in pairs (called a pair), for example EUR / GBP, CHF / JPY and so on.
