2006-10-28 04:54:37 · 14 answers · asked by vborceguin 1 in Business & Finance ➔ Investing
Yes i've heard of forex. If you haven't, heres a little insight onto what its about.
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.
Those bottom links are the sites that i use to obtain everything i know about forex and shares and i strongly recommend them.
2006-10-28 16:49:57 · answer #1 · answered by Dreamer 3 · 0⤊ 1⤋
Yes, Did you also hear that the CME bought the rights of the CBOT for 10 Billion? And also 500 BILLION Iraqi Dinar was stolen in an arms deal gone bad? (Some people will give me some negative opinions on this, but I feel safe in my assumption of the reality of the outcomes fruition) Sounds like we're heading global to me-INCLUDING currencies......so, if someone through FOREX trade tells you the Iraqi Dinar is a bad idea, tell them they might be smoking too much weed before work.
2006-10-28 12:30:58 · answer #2 · answered by For sure 4 · 0⤊ 1⤋
Ive heard of forex and I heard that people make money from it too.
2006-10-28 12:07:00 · answer #3 · answered by TNA Ambassador 6 · 0⤊ 1⤋
The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations.
2006-10-28 11:58:21 · answer #4 · answered by ☺♥? 6 · 1⤊ 1⤋
Yes. I've traded on it. It's long hours and high risk. You should look at http://currencytrading.hammocksurvivalguide.com/ for some really informative articles about currency trading.
2006-10-29 06:40:20 · answer #5 · answered by Anonymous · 0⤊ 1⤋
yes
2006-10-30 11:56:27 · answer #6 · answered by ? 3 · 0⤊ 0⤋
yes
2006-10-28 11:55:34 · answer #7 · answered by dredude52 6 · 0⤊ 1⤋
Yep.
2006-10-28 11:56:42 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Yes. But what is your question, really?
2006-10-28 17:15:44 · answer #9 · answered by NC 7 · 0⤊ 1⤋
Your answer is at www.freedominforex.com.
2006-10-29 22:05:24 · answer #10 · answered by Blanston 2 · 0⤊ 0⤋