WHAT IS THE FOREX MARKET ?

The Forex market is a national market where the national currencies are exchanged for one another. The trading currencies on the Forex market determines the prices of those
that influences the trade rate supplied for those currencies by regular list retailers such as banks and moneychangers. The forex market is, offering a daily trading volume of over $5 trillion dollars
The forex market is effective 24 hours a day ,  Some of the important markets are New York , Frankfurt , Australia

The great currency market is a foreign idea to the common
person. However, once it is separated into simple terms, one
can begin to easily understand the foreign exchange markets and see
what a rewarding method of earnings contributing in the forex trading
can be. Whether or not you are aware, you already are likely involved
in the foreign exchange markets, also called the Forex market. The
simple fact that you have money in your wallet makes you trading currency
and more especially, a trader of U.S
Dollars! The cash in your wallet and money in your checking account are in U.S. Dollars. The value of investments are
stated in U.S. Dollars. In other words, unless you are involving the few Americans who
have international bank accounts or have bought a moderate amount of foreign currencies or
securities, you are a trader of U.S. Dollars in Forex market . By possessing U.S. Dollars, you have
simply decided not to hold the currencies of other countries. Your buy of stocks,
bonds, and other ventures, along with money settled into your bank account
represent in Forex market that depend on the strength of the value of the currency in
which it is denominated – the U.S. Dollar. Due to the constant increasing and decreasing
value of the U.S. Dollar and the resultant fluctuation in exchange rates in the Forex market , your  expenditure
collection may have experienced changes in value, thus influencing your total financial
status. With this in mind, it should be no surprise that many wise traders have taken
benefits of the fluctuation in exchange rates using the volatility of the Forex market
in the trading currencies

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