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Forex market trading of foreign currencies




Forex market trading of foreign currencies The foreign exchange market, also referred to as "market Forex" (Forex) Market or (FX), as the largest financial market in the world, with more than average daily volume of its 1.9 trillion U.S. dollars - about twice the size of all the 30 stock markets America combined. The "foreign exchange" in the purchase of one currency and selling another currency at the same time. The circulation of both currencies together, for example: the euro / dollar or U.S. dollar / Japanese yen. There are two reasons for buying and selling currencies. Produces about 5% of the volume of daily business as companies and governments that buy and sell products and services in any foreign state or which should convert the profits achieved in foreign currency to local currency. The other 95% of circulation in order to achieve profits or speculation. Regarding speculation, the best opportunities for trading in currencies deliberated more (and therefore, more liquid), which called the term "major currencies." The company is currently holding more than 85% of the total financial transactions daily through trading in major currencies, which contains the U.S. dollar and Japanese yen, the euro and the British pound and Swiss Euphrates and the Canadian dollar and Australian dollar. Begin the process of circulation Daily Forex Market, which operates 24 hours in Sydney and moves around the world with the beginning of the working day in each financial center, starting from Tokyo to London and New York. In contrast to any other financial market, investors can respond to currency fluctuations resulting from economic and social conditions and political soon as they occur - whether by day or night. FX market is a market for treated outside cabin (outside the Stock Exchange) or market "between banks," given the fact conducting financial transactions between the parties by telephone or through the Web site. It depends not on the Stock Exchange trading as is the case in the stock markets and futures markets