Friday, September 25, 2009
Forex News | Forex Community | Forex Toolbar | Currencies | FX-BAR
FX-BAR is a forex community where members submit and vote for the best forex news and content from around the globe. Join Now and start submitting and ...
Online Forex Trading - Platform Rating and Trading School
Increase your profitability using ForexFloor.com's currency trading guides and tools. Software reviews, market data, charts, quotes and indicators.
Forex | Forex Trading | Currency Trading | Forex Brokers
Forex Trading Brokers, Fund Managers, Forex Trading platforms, articles and a FX trading community.
Forex Trading -Global Foreign Exchange Markets
KBC Bank, Daily Forex Trading Technical Research ... Scotia Capital, Daily Global Forex Trading Research ... Peter Bain Forex Trading Video Course ...
Online Forex Trading | Currency Trading | ACM
21 Sep 2009 ... Trade Forex with ACM at unbeatable conditions. Spreads as low as 0.9 pip, guaranteed fills, one-click execution, 24/7 support.
Forex Trading | Forex Education | Online Currency Trading | Forex ...
Online currency trading with Forex Club. Forex education for beginners and advanced Forex tools for experienced traders.
Foreign exchange market
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. ...
Foreign exchange market - Wikipedia, the free encyclopedia
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. ...
Forex | Forex Trading | Currency Trading
FOREX.com - THE site for forex trading. Online currency trading w/ real time execution. Free forex charts & quotes; forex training. Registered FCM.
FOREX EXCHANGE MARKET
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. [1]
The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.
In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
The foreign exchange market is unique because of
* its trading volumes,
* the extreme liquidity of the market,
* its geographical dispersion,
* its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday),
* the variety of factors that affect exchange rates.
* the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
* the use of leverage
As such, it has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks. According to the Bank for International Settlements,[2] average daily turnover in global foreign exchange markets is estimated at $3.98 trillion. Trading in the world's main financial markets accounted for $3.21 trillion of this. This approximately $3.21 trillion in main foreign exchange market turnover was broken down as follows:
* $1.005 trillion in spot transactions
* $362 billion in outright forwards
* $1.714 trillion in foreign exchange swaps
* $129 billion estimated gaps in reporting
The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.
In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
The foreign exchange market is unique because of
* its trading volumes,
* the extreme liquidity of the market,
* its geographical dispersion,
* its long trading hours: 24 hours a day except on weekends (from 22:00 UTC on Sunday until 22:00 UTC Friday),
* the variety of factors that affect exchange rates.
* the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
* the use of leverage
As such, it has been referred to as the market closest to the ideal perfect competition, notwithstanding market manipulation by central banks. According to the Bank for International Settlements,[2] average daily turnover in global foreign exchange markets is estimated at $3.98 trillion. Trading in the world's main financial markets accounted for $3.21 trillion of this. This approximately $3.21 trillion in main foreign exchange market turnover was broken down as follows:
* $1.005 trillion in spot transactions
* $362 billion in outright forwards
* $1.714 trillion in foreign exchange swaps
* $129 billion estimated gaps in reporting
Subscribe to:
Posts (Atom)
