The international currency market (English foreign exchange, ForEx) - is the largest species of the financial markets, which is characterized by international currency exchange. Foreign exchange market (forex) has nothing to do with the fact that become popular in the CIS, which advertise in the transport and by mistake so often called Forex (Forex).
A brief digression on the currency market forex
Today we live in an era of globalization. Countries trade in goods and services with each other, and there are such things as tourism, international investment, transnational corporations, etc. In other words, capital wanders the world from one country to another. But since in different countries has its own national currency, in some way to exchange their currency for the currency of the country in which you are, for example, are going to open a business. Like you a lot, which creates a need to exchange currency in kollosalny volumes. Consequently, the presence of a convenient mechanism for exchange is essential in the global economy. To do this, and the International Monetary Market.
Where does the name of Forex and Forex
The international currency market is translated into English as the foreign currency exchange. Reduction and simplification of the term led to foreign exchange, then to forex, and then did a fx. In the CIS, has strengthened the term Forex or FX transliteration. It should be said at once that what is offered in advertisements such as "FX $ 100" has nothing to do with real currency market. For more information on how to inflate the enemies of people, read the article about the deception Forex.
Some facts about the forex market
Foreign exchange market began its existence as the country moved away from fixed exchange rate of their currencies. Up to this point, all currencies have been "attached" to the U.S. dollar, and the exchange rate when the world was floating, the currency began to waver, being moved only by supply and demand. It happened in the 70's. And that's when speculators got their opportunity to trade currencies and make money on the movement of international currencies.
What you should know about the forex market forex
international foreign exchange market exists wherever one currency is changed to another, that is, it exists almost everywhere, in the physical sense, the forex market forex related World Wide Web of computer and telephone networks, but essentially forex is an abstract concept that implies the possibility of buying one currency for another
On average, the total daily volume of transactions around the world trillions of dollars. (For comparison, in the manual recount that amount can be no less than a century!)
Percentage share of the top financial centers in the world:
London: 32%
New York: 20%
Tokyo: 13%
Frankfurt: 7%
Singapore: 7%
Trading volume for the day in New York:
8:00-12:00 = 66% (as at that time in Europe still are bidding)
12:00-16:00 = 29%
16:00-18:00 = 5
The most traded currency - the U.S. dollar
The international currency market = Forex = FX = FX = FX market
As you can see, London is leading trading volumes since in the morning he can trade with Tokyo in the evening - with New York.
We'll talk a lot about the foreign exchange market as it is a very important component of the financial markets of the world.
A brief digression on the currency market forex
Today we live in an era of globalization. Countries trade in goods and services with each other, and there are such things as tourism, international investment, transnational corporations, etc. In other words, capital wanders the world from one country to another. But since in different countries has its own national currency, in some way to exchange their currency for the currency of the country in which you are, for example, are going to open a business. Like you a lot, which creates a need to exchange currency in kollosalny volumes. Consequently, the presence of a convenient mechanism for exchange is essential in the global economy. To do this, and the International Monetary Market.
Where does the name of Forex and Forex
The international currency market is translated into English as the foreign currency exchange. Reduction and simplification of the term led to foreign exchange, then to forex, and then did a fx. In the CIS, has strengthened the term Forex or FX transliteration. It should be said at once that what is offered in advertisements such as "FX $ 100" has nothing to do with real currency market. For more information on how to inflate the enemies of people, read the article about the deception Forex.
Some facts about the forex market
Foreign exchange market began its existence as the country moved away from fixed exchange rate of their currencies. Up to this point, all currencies have been "attached" to the U.S. dollar, and the exchange rate when the world was floating, the currency began to waver, being moved only by supply and demand. It happened in the 70's. And that's when speculators got their opportunity to trade currencies and make money on the movement of international currencies.
What you should know about the forex market forex
international foreign exchange market exists wherever one currency is changed to another, that is, it exists almost everywhere, in the physical sense, the forex market forex related World Wide Web of computer and telephone networks, but essentially forex is an abstract concept that implies the possibility of buying one currency for another
On average, the total daily volume of transactions around the world trillions of dollars. (For comparison, in the manual recount that amount can be no less than a century!)
Percentage share of the top financial centers in the world:
London: 32%
New York: 20%
Tokyo: 13%
Frankfurt: 7%
Singapore: 7%
Trading volume for the day in New York:
8:00-12:00 = 66% (as at that time in Europe still are bidding)
12:00-16:00 = 29%
16:00-18:00 = 5
The most traded currency - the U.S. dollar
The international currency market = Forex = FX = FX = FX market
As you can see, London is leading trading volumes since in the morning he can trade with Tokyo in the evening - with New York.
We'll talk a lot about the foreign exchange market as it is a very important component of the financial markets of the world.