Forex Trading Daily Forecast EUR/USD

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Currency trading

CURRENCY TRADING

forex

Foreign Exchange Market, also known as "Forex" or "FX" market is the largest financial market in the world. According to sources in the financial industry it has a daily turnover of over U.S. $ 3 trillion-tens of times more than the turnover of all stock markets in the U.S.
The U.S. dollar is the basis of foreign exchange (Forex market) and it is considered as a 'base' currency for the quotes in the major currency pairs like USD / CAD, USD / CHF and USD / JPY. For these currencies and many others, the quotes are presented as one U.S. dollar to other currency that is quoted in the pair. As exceptions to this quotation based on U.S. dollar are Euro, Australian, British pound and the New Zealand dollar. Read more: CURRENCY TRADING

CURRENCY TRADING - FOREX

currency-tradingCurrency trading is the simultaneous buying of one currency and selling another. Foreign Exchange Market (Forex or FX) is the largest financial market worldwide with a daily turnover of over $ 3 trillion. The majority of transactions take place in one of the major currencies: Euro, U.S. Dollar, British Pound, Swiss franc, Japanese yen, Australian dollar and Canadian dollar. The currency market differs from other financial markets in that it is not exchange centralized. The Forex market operates 24 hours a day via a computer network connecting banks, corporations, brokers and individual investors. Trading begins each day by New Zealand, then in Sydney, later Tokyo, London and New York to the coast of California.

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FOREX TRADE

UDS-EUR-JPY

Forex – International Monetary Market. Foreign Exchange Market is a network of financial institutions that serve international business transactions. In this market are traded different currencies, futures and stocks. Forex does not have a designated place and does not imply a personal meeting or communication between the participants as they are in close and constant contact with each other with the help of various technical means. Transactions are carried out through computer terminals (programs) which are linked in network large banks (commercial banks), brokerage houses and customers. Commercial banks that are specialized in foreign exchange trading serve the currency market as dealers. In other words they conclude deals on behalf of its clients and for its own account.

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Forex Trading Daily Forecast EUR/USD

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