What is Forex Trading? Comments Off
Posted on
January 18, 2011 by
admin
forex trading is a currency exchanges with another currency .Different with other financial markets, the foreign exchange market no specific location, no central exchange, but by banks, corporations and individuals to trade with the electronic network. “Foreign Exchange”means buying a pair of currency pairs simultaneously and selling another currency. Exchange is based on the form of monetary transactions such as the euro / dollar (EUR / USD) or U.S. Dollar / Japanese Yen (USD / JPY).
Foreign exchange market, also known as “Forex” or “FX” market, is the largest financial market around the world, the average daily more than 10,005 billion dollars flowing – equivalent to 30 times of the sum of all U.S. stock trading