Saturday, January 26, 2008

What Is FOREX

(Forex) Foreign Exchange Market is the place where the currency of any country is exchanged for that of another at a mutually agreed rate. It came in existence about 35 years back when international trade transitioned from Fixed to Floating Exchange Rates, and nowadays it is considered to be the largest Financial Market in the world because of its tremendous turnovers and everyday increasing traders. Forex trading is just like trading in any other commodity and needs the skill to earn fortunes together with Constant Market Study.

1 comment:

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