What Is Forex?

forex is the only market in the world which is being deliberated on the clock. 24 consecutive hours. The speed in completing transactions, the cost is very low, high liquidity. All these factors make the foreign exchange market (or the foreign exchange market), more markets for its clients. The market for the circulation of currency that can only be likened markets trading in the shares of form, as there is no exchange here - known traditional sense of the word. It is composed of a global network linking tremendous simply enormous number of currency traders worldwide. Here are circulation among hundreds of banks over the phone or via the Internet.

The major currencies are sold are : the American dollar, euro, pound sterling, Japanese yen, Swiss franc, in addition to all the currencies of the world. The five largest centers where circulation among banks which represent two-thirds of the volume of global exchanges : London, New York, Zurich, Frankfurt and Tokyo. Who are the players on this scene? 1 global banks. It is no secret to anyone that banks are the largest and most important players in the arena of global trade currencies. They are conducting thousands of transactions daily around the clock, which they exchange among themselves, or with ordinary Albrooker Awalmstthmarin through their Permanent Representatives in this area. It is no secret that the greatest influence in moving the market and identify and exclusively in the hands of his senior international banks, as the daily transactions amounting to billions of dollars.

2 central banks. Central banks are deals in this market commissioned by the government, a move often to influence the course of the direction taken by the Special currencies, as interest that are consistent with their financial, and therefore protect its economic interests.

3 investment funds. It was due mostly to investment, or retirement funds, or insurance companies, intervene in the market as dictated by their own interests. Months these funds remember "Quantum", which is owned by the Fund renowned investor George Soros, who wrote a history in this area and still is the largest investors unable to influence the course of directing the market.

4 clients trade currencies. These are the important link between the buyers and sellers. Other words are moving one hand as intermediaries between the various banks, on the other hand between the banks and private investors. In return for this work are they reckoned commission or the so-called Brockerg.

5 independent persons. These are ordinary people who make a daily turnover of massive currency to finance their trips planned, or to secure access to their salaries, or at retirement, etc.. Today, after the revolution, which introduced the Internet operations of global communications, and after successive collapses in the stock markets, and under the influence of the foggy atmosphere witnessed by the global markets, treasury bonds, slowly growing role of independent dealers who have modest amounts of money in selling and buying the daily fast, "Dai Trader ". Growing influence and grow in the foreign exchange market, so that many of them are engaged in this work, and spend their days in front of computers sell and buy each according to his vision of the course of events today. Exchanges around the clock. As mentioned above, the work currency markets over the past 24 hours. In calendar today and most obviously, start first in the Far East, in New Zealand, then moved to the role of Sydney, Australia, then to Tokyo, and on to Honkkong, Vsinghafooreh, then Moscow, Frankfurt, London and,

finally, New York, MONEY Angeles. Work begins foreign exchange dealer in Western Europe, for example, in the seventh 7.30am. In the eighth work in the draw. It is necessary to devote the first half-hour each day to analyze market conditions, and study the developments of the day both the substantive fundamental, and technical art, after which access to the new daily newspapers, or the exchange of information and leaks into the market, which will influence the course of the markets. Thus, a clear idea, a program today which must be applied is that the amendment called for the need to be working daylight.