Forex: What is it and how does it work?
Exchange rate: What is and how it works?
Currency "swap" is the largest international financial markets. U.S. $ 1900 average daily trading volume of millions of dollars - money you can ever imagine! Trillion-dollar industry - that you want to participate?
The forex market, foreign buying two. Currency / Euro-dollars are traded in pairs, for example, us (euro / dollar), or SS Dollar / Japanese Yen (/ yen dollar). Example, in currency trading.
There are two reasons for buying and selling currencies.
The remaining 95% is trading for profit, or what is called speculation.
Satodiyaoni best business opportunities (- or convert their liquid assets in cash and therefore the majority of the country) with the largest market. 'Major' is, now more than 85% of the daily operations of the companies mentioned.
Market, 24 - 1 hour per day in Sydney and moves around the world in each financial center, Tokyo, London and New York will start for the first time starts in forex trading. Low compared to other financial markets, currency investors about the economic, social and political response to - in real time, day or night.
Be drawn (OTC) Forex, or against the "international" into consideration. Company or network that runs through a call between two parties. In comparison, no change in the futures markets and focuses on trading stocks.
Understanding Forex Quotes
Enter to see you, read a little confusion Currency.
The foreign exchange market, the central foreign exchange and 'basic' need for dollars. "Great," a / JPY USD / CHF USD and EUR / US Included. These and many other currencies, will absorb the $ 1 coin as a whole to another couple. For example, Ian / $ 110.01, which means that the dollar value of 110.01 Japanese yen.
S. The basic unit of currency is the dollar rises, it means a weak dollar and other currencies, the appreciation of value. Dollar / yen price if you buy at 113.01 yen against the dollar in the name because it is stronger than ever.
There are three exceptions to this rule, once Argentina pounds (ars), Australia (AUD) dollars and Euros (EUR) found. In these cases, you / GBP prices and the British pound and $ 1.7366 to the U.S. from $ 1.7366.
In these three currency pairs, U.S. dollar with the base interest rate, price increases, weaker dollar means that U.S. U.S. S is now the euro-dollar, pound or the Australian dollar more consistent.
In other words, one currency, high prices, the value of the base currency. Low-value of the base currency is weakening.
Currency pairs, including dollar coins on the known, but the campus itself. For example, / JPY 127.95 EUR or € 127.95 Japanese yen notes at par.
When trading currencies, which are often on the second page of this value, "bid" and "supply" shows it. The base currency of the sale "offer" price (free money at the time of purchase), you can. The "demand" that the prices of the base currency (the currency switch is sold) purchased.
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