Foreign Investing and Investment resources.
About Forex.
Forex is short for Foreign Exchange it is also
known as FX. The FOREIGN EXCHANGE (FOREX, FX) market is not a "market"
in the traditional sense. In fact, it is the nearest to "perfect market"
from economics perspective.
There is no centralized location for trading as
there is in futures or stocks. Trading occurs around the clock over the
telephone and on computer terminals at thousands of locations worldwide.
In fact, Foreign Exchange is the biggest market on earth. The Forex (currency
trading) industry has a daily turnover of 2.5 trillion dollars! (The turnover
is 100x more than the daily turnover of the NASDAQ.)
The forex market is the most exciting investment
in the world. It is so large, with so many currencies and participants
the outcome can not be altered or controlled by individuals, groups, businesses,
or even governments! Central banks, private banks, international corporations,
money managers, speculators, and private individuals - all involve in FOREX
trading.
Investing in the Foreign Exchange.
Education
