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is for trading Foreign Exchange Currencies (Forex). Money makes the world go ‘round and Forex keeps things moving

Source: Reuters

By Toni Vorobyova

LONDON, Feb 6 (Reuters) - The yen gained against the dollar and euro on Wednesday as worries about the health of the global economy and a sharp sell off in Asian equity markets made investors less willing to take on risk.

In such an environment, they tend to buy back the Japanese currency, having previously borrowed it as a source of cheap funding for relatively risky carry trade bets in …

The Foreign Exchange market, also referred to as the “Forex” or “FX” market is the largest financial market in the world, with a daily average turnover of US$3.2 trillion.”Foreign Exchange” is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).There are two reasons to buy and sell… and Australian Dollar.A true 24-hour market from Sunday 5:00 PM ET to Friday 5:00PM ET, Forex trading begins

Foreign currency exchange trading (Forex) is creating a lot of buzz in investment circles, because it s making many people very wealthy. Unlike the New York Stock Exchange, the forex market is open….

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