Forex News - Forex Trading training

In the 1970s, the 20th century as a result of the change of the Bretton Woods system of fixed rates on the floating currency has international FOREX FOREX. Exchange (FOREX), in Japan. foreign exchange market-word "international foreign exchange market."

FOREX Market is a combination of trade, investment and speculative attacks on currencies. Projects such operations through a system of institutions, namely : central, commercial and investment banks, brokers and dealers, pension funds, insurance companies, multinational corporations. The emergence of a new system of floating rates has led to the following rules :

1. Regular participants in the foreign exchange market are importers, exporters and service their banking structure to be the most dependent on the changes in exchange rates.

2. Central banks have been in a position to influence the course of national currencies, thus influencing the economic situation in the country. 3. Liquidity of the national currency is in the relationship between the current demand and available supply. Each change at least one of the parameters influencing the rejection rate.

The major currencies traded on the FOREX market, the euro (EUR), Japanese Yen (JPY), pound sterling (GBP) and the Swiss franc (CHF). All currencies traded against the United States dollar (USD). Daily market turnover FOREX up to four trillion dollars, that is, more than eight times the total turnover of American equity markets and government securities.