Forex Markets are markets in which currencies of various nations are traded.
Forex Trading is the art of trading currencies of various countries between each other to make money.
Forex is also called foreign exchange. There is a huge demand of exchanging currencies which make forex markets the most traded and most liquid markets in the world.
Four major currency pairs are usually used for investment purposes.They are:
Forex is an acronym of Foreign Exchange and synonymous with term: currency trading.
The foreign exchange market is unique because of the following characteristics:
• its huge trading volume represents the largest asset class in the world
leading to high liquidity;
• its geographical dispersion;
• its continuous operation: 24 hours a day except weekends;
• the variety of factors that affect exchange rates;
• the low margins of relative profit compared with other markets of fixed
income; and
• the use of leverage to enhance profit and loss margins and with respect to
account size.
Forex Trading is the art of trading currencies of various countries between each other to make money.
Forex is also called foreign exchange. There is a huge demand of exchanging currencies which make forex markets the most traded and most liquid markets in the world.
Four major currency pairs are usually used for investment purposes.They are:
- Euro against US Dollar,
- US dollar against Japanese Yen,
- British Pound against US dollar and
- US dollar against Swiss Franc.
Forex is an acronym of Foreign Exchange and synonymous with term: currency trading.
- If you thought the Euro will go up in value and the US Dollar will go down in value then you would buy the EUR/USD.
- If on the other hand you thought the US Dollar will go up in value and the Euro will go down then you would sell the EUR/USD.
The foreign exchange market is unique because of the following characteristics:
• its huge trading volume represents the largest asset class in the world
leading to high liquidity;
• its geographical dispersion;
• its continuous operation: 24 hours a day except weekends;
• the variety of factors that affect exchange rates;
• the low margins of relative profit compared with other markets of fixed
income; and
• the use of leverage to enhance profit and loss margins and with respect to
account size.