What is Forex - Foreign Exchange?
"What is forex trading? When did it start? How big is it?
Who are the major players? What makes currency rates change?"
Here are the answers to all your questions!
About forex
Forex is the international market for the free trade of currencies.
Traders place orders to buy one currency with another currency.
For example, a trader may want to buy Euros with US dollars,
and will use the forex market to do this.
The forex market is the world's largest financial market.
Over $4 trillion dollars worth of currency are traded each day.
The amount of money traded in a week is bigger than the entire
annual GDP of the United States!
The main currency used for forex trading is the US dollar.
Read more Here:
http://www.forex4you.com/en/forex/?affid=mazomzh Thanks