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Friday, June 22, 2012

Forex Trading Basics And Why Need To Know? (Part-01)


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Forex trading basics: An over the counter market where buyers and sellers manner foreign exchange transactions. The Forex market is useful because it helps enable trade and transactions between countries, and it also allows an investment opportunity for risk looking for investors who don't mind engaging in speculation. The foreign exchange market is a global, worldwide decentralized financial market for trading currencies. The foreign exchange market assists international trade and investment. Forex trading basics
History of Forex Market: At the end of the World War II,Western governments felt the need to create a system to stabilize the global economy. Known as the "Bretton Woods System," the agreement set the exchange rate of all currencies against gold.