01-09-18 0 Hits

Compare that to the $25 billion per Print Profit Review day that the New York Stock Exchange trades and you can easily see how enormous the forex market really is. It actually equates to more than 3 times the total amount of stocks and futures markets combined. Forex is tremendous!

What exactly is traded on the forex market you ask? The simple answer is money. It is the simultaneous buying of one currency and the selling of another. The Forex market is the place where U.S. dollars, Euros, Yen and other major currencies are bought and sold. Currencies are traded through a broker and are always traded in pairs - for example, the euro and the US dollar pair (EUR/USD) or The British Pound and the Japanese Yen pair (GBP/JPY).



Related ads