Monday, June 7, 2010

Forex4x - What is forex?


Forex:
forex is an abbreviation of the word literally exchange - the exchange of international currencies.

forex Market:
Currency Trading (Forex) market is the biggest market in the world with a daily circulation of more than 3000 billion dollars. Participants in this market are banks, organizations, investors and individuals.

Forex goods are the currencies of various countries. You buy Euro, paying with U.S. dollars, or sell Japanese yen to Canadian dollars. Or maybe you're just exchanging pounds or U.S. dollars to buy property abroad.

Profit in Forex?
Of course you can buy cheap and sell for more! Profit potential comes from the fluctuations (changes) in the foreign exchange market.
the Best thing of the forex market is that the daily fluctuations, say - around 1%, multiplied by 100!

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