Moni
Active member
Those involved in foreign exchange markets are some of the largest companies and banks from around the world, trading in currencies from various countries to create a balance as some are going to gain money and others to lose money.
The basics of forex are similar to that of the stock market found in any country, grand scale, that involves people, currencies and trades from around the world, in just about any country.
Different currency rates happen and change every day. What the value of the dollar may be one day could be higher or lower the next. The trading on the forex market is one that you have to watch closely or if you are investing huge amount of money, you could lose large amount of money.
The most heavily traded currencies are those that include the Australian dollar, the swiss franc, the British pound sterling, the Japanese yen, the Eurozone euro and the United States dollar.
The basics of forex are similar to that of the stock market found in any country, grand scale, that involves people, currencies and trades from around the world, in just about any country.
Different currency rates happen and change every day. What the value of the dollar may be one day could be higher or lower the next. The trading on the forex market is one that you have to watch closely or if you are investing huge amount of money, you could lose large amount of money.
The most heavily traded currencies are those that include the Australian dollar, the swiss franc, the British pound sterling, the Japanese yen, the Eurozone euro and the United States dollar.