Forex stands for Foreign Exchange and is a financial market.
The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex™).
Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.
2006-08-16 22:47:57
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answer #1
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answered by Dreamer 3
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Starting Forex can seem intimidating, but it is a very exciting field to be in and many people love the flexibility of lifestyle it allows. When mastered, it allows individuals to do work on the go and from anywhere you can bring a laptop! But it is very important that you do plenty of research especially as to where you choose to learn the methodology. Here are some blogs from a FX school that has a very good reputation for being so personable to their students.
http://forex365institute.com/2016/01/22/making-money-in-the-new-economy-leverage/
http://forex365institute.com/2016/01/04/money-managment-in-forex-trading/
http://forex365institute.com/2015/08/25/the-four-hour-work-week/
http://forex365institute.com/2015/11/27/choosing-the-correct-school-to-learn-forex-trading/
2016-01-22 11:54:45
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answer #2
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answered by Sierra 1
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Forex
is foregin Exchange market where one can buy and seel cuurinces like us $, Euro , Swiss Fracnk and Great britian Pound .
This all things is done by brokers .
2006-08-16 08:54:01
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answer #3
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answered by Gogo 1
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Forex is the short form of Foreign Exchange. The rate of exchange for one unit of local money for the equivalent foreign amount. Visit http://geocities.com/lcming/Forexbooks for more info.
2006-08-17 22:51:45
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answer #4
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answered by Anonymous
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foreign exchange
2006-08-16 08:54:05
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answer #5
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answered by Paul S 3
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