Currency trading or forex trading is the simultaneous buying of one currency and selling of another.
Currencies are quoted in pairs, for example, Euro / US Dollar, and investors can speculate on changes in the relative prices between the two currencies. When one currency in the pair increases in value, it strengthens against the other. Currency trading is a popular way to trade on financial markets as it is a truly 24-hour market. Foreign exchange trading opens at 9pm on Sunday evenings and trades continuously through until 9pm on Friday evenings (GMT).
With currency pairs, the first currency is often referred to as the base currency and the second currency is referred to as the quote currency. In any price quote, the figure tells you how much you would receive of the quote currency for one unit of the base currency.
For example, a quotation of EUR/USD 1.36568 means that one euro is exchanged for 1.36568 US dollars.
Currencies are quoted in pairs, for example, Euro / US Dollar, and investors can speculate on changes in the relative prices between the two currencies. When one currency in the pair increases in value, it strengthens against the other. Currency trading is a popular way to trade on financial markets as it is a truly 24-hour market. Foreign exchange trading opens at 9pm on Sunday evenings and trades continuously through until 9pm on Friday evenings (GMT).
With currency pairs, the first currency is often referred to as the base currency and the second currency is referred to as the quote currency. In any price quote, the figure tells you how much you would receive of the quote currency for one unit of the base currency.
For example, a quotation of EUR/USD 1.36568 means that one euro is exchanged for 1.36568 US dollars.
What is Forex | what isforex trading, learn forex, trade forex, forex books, forex videos, forex strategys, forex expert advisors, forex indecators, mt4 download, how to trade forex What is forex, What is forex trading, What is forex, What is forex trading, What is forex, What is forex trading, | What is Forex | What is Forex |What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex | What is Forex