officejax currency trading information

Channel



Ad your free banner at www.AdViews.info

 

FOREX - Where Fortunes Are Made Everyday


The Foreign Exchange Market - better known as FOREX - is a world wide market for buying and selling currencies. It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars). In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day.

The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at 'floating' rates determined by supply and demand. The FOREX grew steadily throughout the 1970's, but with the technological advances of the 80's FOREX grew from trading levels of $70 billion a day to the current level of $1.5 trillion.

The FOREX is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange. There is no centralized location of FOREX - major trading centers are located in New York, Tokyo, London, Hong Kong, Singapore, Paris, and Frankfurt, and all trading is by telephone or over the Internet. Businesses use the market to buy and sell products in other countries, but most of the activity on the FOREX is from currency traders who use it to generate profits from small movements in the market.

Even though there are many huge players in FOREX, it is accessible to the small investor thanks to recent changes in the regulations. Previously, there was a minimum transaction size and traders were required to meet strict financial requirements. With the advent of Internet trading, regulations have been changed to allow large interbank units to be broken down into smaller lots. Each lot is worth about $100,000 and is accessible to the individual investor through 'leverage' - loans extended for trading. Typically, lots can be controlled with a leverage of 100:1 meaning that US$1,000 will allow you to control a $100,000 currency exchange.

There are many advantages to trading in FOREX.

· Liquidity - Because of the size of the Foreign Exchange Market, investments are extremely liquid. International banks are continuously providing bid and ask offers and the high number of transactions each day means there is always a buyer or a seller for any currency.

· Accessibility - The market is open 24 hours a day, 5 days a week. The market opens Monday morning Australian time and closes Friday afternoon New York time. Trades can be done on the Internet from your home or office.

· Open Market - Currency fluctuations are usually caused by changes in national economies. News about these changes is accessible to everyone at the same time - there can be no 'insider trading' in FOREX.

· No commission - Brokers earn money by setting a 'spread' - the difference between what a currency can be bought at and what it can be sold at.

How does it work?

Currencies are always traded in pairs - the US dollar against the Japanese yen, or the English pound against the euro. Every transaction involves selling one currency and buying another, so if an investor believes the euro will gain against the dollar, he will sell dollars and buy euros.

The potential for profit exists because there is always movement between currencies. Even small changes can result in substantial profits because of the large amount of money involved in each transaction. At the same time, it can be a relatively safe market for the individual investor. There are safeguards built in to protect both the broker and the investor and a number of software tools exist to minimize loss.

Copyright 2005. William McNutt. All rights reserved

This article may be freely distributed and reprinted as long as the author's information and web link are included at the bottom of the article.

Authored by:
William McNutt
Investment Made Easy

Bill McNutt is a retired Areospace Engineer. Retirement got boring so he took up web page building. He spends most of his time working on websites and writing articles.

Home Loans Made Easy
Which is Better Sauna or Steam Bath


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sat. July / 21 / 2018

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news



Currency trading volumes hit a record in 1H 2018 - CLS | Reuters
Reuters
Average daily foreign exchange trading volumes surged to a record $1.84 trillion in the first half of 2018, as market volatility in February and June fuelled trading ...

and more »


BetaKit

Canadian Digital Currency Trading Platform Coinsquare Welcomes ...
PR Newswire (press release)
TORONTO, July 19, 2018 /PRNewswire/ - Coinsquare, Canada's premier digital currency trading platform for Bitcoin, Ethereum, and other digital currencies, ...
Canadian Digital Currency Trading Platform Coinsquare Welcomes Thomas Jankowski as Chief Digital and Growth ...Markets Insider

all 4 news articles »


Bitcoin Magazine

HBUS Opens its Digital Currency Trading Platform to US Customers Today
Bitcoin Magazine
HBUS, a virtual currency marketplace and the U.S. strategic partner of Huobi, has begun accepting new registration from U.S. residents, starting today July 6, 2018. American customers will be able to deposit cryptocurrencies such as bitcoin and ether ...
Huobi flies in to claim piece of bitcoin actionThe Australian
Huobi-Linked Cryptocurrency Exchange HBUS Launches in U.S. ...CCN
24 Hour Volume Rankings (Exchange) | CoinMarketCapCoinMarketCap
Huobi Australia
all 43 news articles »


Digital Journal

New Coinsquare API lets businesses offer digital currency trading
Digital Journal
One of Canada's biggest digital currency trading platforms Coinsquare recently announced the launch of Coinsquare Licensing, a sector of Coinsquare that offers digital currency trading platforms for businesses. Coinsquare Licensing partners with ...
UPDATE: Coinsquare and DLTA 21 Announce Strategic Partnership to Launch Centralized Digital Currency Trading ...GlobeNewswire (press release)
CNW | Coinsquare launches Coinsquare Licensing to enable ...Canada NewsWire (press release)

all 5 news articles »


TheStreet.com

Deutsche Bank to pay millions in currency trading case
Financial News
New York's financial-services regulator said it fined Deutsche Bank $205m over allegations it sought to manipulate currency prices and mislead clients while failing to protect confidential customer information. The German lender agreed to the fine in a ...
Deutsche Bank Fined $205 Million Over Currency-Trading ViolationsTheStreet.com
Deutsche Bank to Pay $205 Million Fine to End NY Currency-Trading ProbeWall Street Journal

all 157 news articles »


FX Week

Peso volatility pulls millennials to currency trading
FX Week
An escalating trade war between the US and Mexico saw the peso decline to 20.45 – the lowest it had been in a year. It was a reversal of the trend that had seen the currency become the best performer in emerging markets, rising almost 7% against the ...



Hbus begins virtual currency trading for US residents
Finextra
HBUS, the exclusive U.S. strategic partner of Huobi, the world's leading blockchain asset solutions provider, announced today its virtual currency trading platform for U.S. residents will go live on Tuesday, July 10th at 10:00 AM (PT). On HBUS, users ...

and more »


BetaKit

Coinsquare launches white label licensing platform | BetaKit
BetaKit
Cryptocurrency exchange Coinsquare has announced the launch of Coinsquare Licensing to enable Canadian and international businesses to offer digital ...
Crypto exchange Coinsquare's global expansion starts in Japan ...CoinGeek

all 12 news articles »


CoinReport

Bitcoin.live, digital currency trading educational platform, launched
CoinReport
Bitcoin.live, a new bitcoin and digital currency trading and education platform, has launched worldwide. The platform, says a press release CoinReport received from Stature, aims to transform the manner through which people consume and learn about the ...


Google News

     Large inventory of office cubicle and partitions walls for sale in Northeast Ohio

     Find home remodeling contractors Akron Ohio

Search for estate sales in Akron Ohio

Click here to
OfficeJax free ad space available here improve pagerank with a free one way backlink

 

Find used office equipment in Ohio at www.OfficeJax.Has.It

www.Akron.Has.It

Find the best fleamarkets at www.FleaMarketWorld.Has.It

Find electric powered vehicles at www.NoGas.Drives.It

Flea Market World

Free Automatic Link Exchange

Akron City directory

Find homes for rent
in Akron Ohio
www.homes4rent.has.it

Anonymous and Confidential U.S. Mail Drops - No ID Required reship worldwide

Click here to
post your free classified ad here free advertising and one way backlink
Free one way backlink

 

officejax surplus office furniture outlet Akron, ohio

[Back to Top]

 

auction news and listings for Akron, Ohio

Akron crafts and hobby news center

Akron Ohio pet news

Advertising and promotions Akron, Ohio

The Akron blogging news center

Akron Ohio web site design news

best tips and home remedies

Akron Mortgaging and refinancing

Akron currency trading

Page Ranking Icon

 

Home | Site Map
© 2012 - 2018 All Rights Reserved

 

currency trading forex currency trading online currency trading foreign currency trading currency forex learn online trading currency forex online trading currency day trading currency trading system forex currency trading system currency privateforextrader.com trading currency exchange trading e currency trading currency foreign privateforextrader.com trading book on currency trading currency trading broker currency trading software day trading forex currency currency ireland trading online currency trading system currency future trading day trading for the currency market online foreign currency trading fx currency trading forex currency trading beginner forex training course currency trading currency day system trading currency trading course 4x currency trading currency trading tutorial currency trading information foreign currency exchange trading currency global in market trading started in currency trading commodity  currency trading trading the global currency market international currency trading course in currency trading automated currency system trading foreign currency trading software currency trading strategy currency forex learn trading currency make money trading currency trading signal currency option trading currency forex market trading currency trading made easy chart currency trading currency trading  tip currency foreign forex trading currency demo trading currency trading forex spot rate learn currency trading basics currency trading currency trading for beginner forex currency trading broker currency electronic trading currency game trading currency exchange foreign  forex trading interbank currency trading practice currency trading currency forex fx software software software trading free trading currency guide tool online currency forex trading currency news trading best currency system trading currency trading account currency currency forex forex learn online online trading online currency trading strategy currency trading platform currency forex learn online online trading trading currency trading training company currency exchange foreign trading company currency forex trading currency euro trading currency forex trader trading automated currency trading currency foreign system trading currency market trading currency option trading system currency trading seminar business currency currency home internet trading trading canada currency trading spot currency trading currency exchange rate trading currency forex pair trading using vantagepoint currency network neural trading boards currency forex trading how to start currency trading currency trading australia currency forex tag trading currency forex trade trading currency insurance trading currency trading education live currency trading online currency option trading advisor currency expert trading, commodity currency future trading currency day foreign trading currency exchange link trading credit currency trading