There are many concepts in forex trading that are important to understand and one of these concepts is equity in forex trading. This month weve been exploring lunar terminology as well as looking at how the moon has woven itself into the fabric of our everyday language.
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The foreign exchange market also called forex fx or currency market was one of the original financial markets formed to bring structure to the burgeoning global economy.
Meaning of forex market. The forex market is also referred to as the fx market currency market foreign exchange currency market or foreign currency market and it is the largest and most liquid market in the world with an average daily turnover of 398 trillion. The forex market is the market in which participants can buy sell exchange and speculate on currencies. It has no physical location and operates 24 hours a day from 5 pm.
Forex market known as foreign exchange market is where individuals companies and institutions buy and sell speculate or exchange currencies. The forex market has always been virtual and functions more like the over the counter market for smaller stocks where trades are facilitated by specialists called market makers. It is where the sale and purchase of foreign currencies take place and where anyone with capital can trade.
The forex market is useful because it helps enabl! e trade and transactions between countries and it also allows ! an investment opportunity for risk seeking investors who dont mind engaging in speculation. The buyer may be in london and the seller may be in tokyo. It sets the exchange rates for currencies with floating rates.
First of all it has to be looked at in terms of when trades are open and also in terms of when there are no active positions in the market. Est on sunday until 4 pm. The moon is at the forefront of our minds as we celebrate the 50th anniversary of neil armstrongs small step on 20th july 1969.
The foreign exchange market is a global online network where traders buy and sell currencies. Est on friday because currencies are in high demand.
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