Forex - is the international financial market, where currency exchange. It was founded in 1976, when all the nations of the world rejected the "gold standard" and moved to the Jamaican system presupposes free exchange of currencies. Forex has become absolutely necessary for normal functioning of the world economy and ensure flow of capital between countries.
Sometimes referred to as Forex traders Currency Exchange. However, this is not true.International forex OTC market. It has no particular place where there are bids, which allows participants to trade Forex from anywhere in the land.
Forex is used by participants to exchange rates, but some are made of such an exchange source of high income. They profit from the difference in exchange rates, leading speculative trading. This becomes possible due to the constant and rapid fluctuations in exchange rates. For example, if today you buy a 1.3 euros per dollar, the euro and tomorrow will cost 1.4 dollars by selling the euro tomorrow, you will be able to earn $ 0.1.
Sometimes referred to as Forex traders Currency Exchange. However, this is not true.International forex OTC market. It has no particular place where there are bids, which allows participants to trade Forex from anywhere in the land.
Forex is used by participants to exchange rates, but some are made of such an exchange source of high income. They profit from the difference in exchange rates, leading speculative trading. This becomes possible due to the constant and rapid fluctuations in exchange rates. For example, if today you buy a 1.3 euros per dollar, the euro and tomorrow will cost 1.4 dollars by selling the euro tomorrow, you will be able to earn $ 0.1.
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