 Forex (en Foreign exchange market) - is an international currency market, which is carried out freely buying and selling of national currencies. In the form in which the market exists now, Forex, a 70-ies of XX century, when the major countries have moved to fixed exchange rates to floating.
In the process of exchanging one currency for another day circulation Forex to several trillion dollars, while volumes Remedies involved in the conversion operations Forex is constantly increasing.
The main currency Forex is the U.S. dollar (USD).
Market participants:
* Central banks;
* Commercial banks;
* Investment banks;
* Brokers and dealers;
* Pension funds;
* Insurance companies;
* Transnational corporations;
* Private investors.
Forex - no exchange, it is not tied to time opening and closing, he works 24 hours a day, 5 days a week, because Operation sale conducted between banks around the world at any time of day and night (some banks are working on Saturday and Sunday). In doing so, Forex trading occurs, as well as on any stock exchange by supply and demand a specific tool, for example, there are buyers "euro against the dollar, but there are sellers.
Currency exchange rates in the Forex market is constantly changing, these oscillations occur sometimes many times a second, the market is very liquid.
At rates may affect:
* Economic factors (economic performance of countries in the current policy of central banks, changing interest rates, the activities of exporters, importers and neighboring markets, etc.);
* Political factors (remarks of politicians, elections for the presidency);
* Mood of market participants, their expectations, rumors;
* Force majeure (act of terrorism, emergencies, natural disasters).
But despite this, the international currency market Forex is very stable compared to the exchanges and stock markets. He is not prone to sharp sokrushitelnym downs, because Even if one currency falls, the other is bound to grow.
The main advantage of the market is its close relationship with information technology. Through Internet customers from around the earth hemispheres can enter into transactions, resulting in Forex became accessible to a vast range of people. Even large banks are using electronic commerce, which occupies the largest share among all the options for trading.
At this point in its history Forex is on the rise and in the further development of society and technology will grow in magnitude. | Where to Play:
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