Saturday 1 March 2014

The Forex Market Today

    The foreign exchange market has existed since the 1970s, when the fixed exchange rates were substituted by the floating exchange rates enabling thousands of individual investors and companies to profit by the change in the exchange rates. The foreign exchange market is usually referred to as the forex market, or simply forex.
                   Forex is probably the most liquid financial market in the world. The average daily turnover  in the foreign exchange market is estimated at $ 6 trillion. high liquidity means that every moment every person is willing to buy some currency, there is person willing to sell that same currency. sometimes but very seldom, a gap between prices is possible. It shows a price range where no actual trading occurs, making the price jump in the necessary direction. Price gaps seldom occur and are considered an exception. Moreover  But every forex beginner should be aware of and realize all the potential risks involved in trading forex

4 comments:

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