What is the forex market?
What is he exchanged in the forex market?
Money, as simple as that.
Currencies are bought and sold freely on the market. This transaction involves the purchase and simultaneous sale of two currencies.
Would that currency can be exchanged?
In the currency market Forex you can buy and sell any currency, although 80% of the market volume is generated by what is known by "The seven large pairs":
-The US dollar (USD)
-The Euro (EUR)
-The pound sterling (GBP)
-The Swiss franc (CHF)
-The Canadian dollar (CAD)
-The Australian dollar (AUD)
-The Japanese Yen (JPY)
Where happen such transactions?
A feature of this market is that, unlike other financial markets, is not a physical location, does not have a central Exchange place. Operates through an electronic network of banks, companies and people that change a coin on the other. The lack of physical location allows the exchange market operate 24 hours a day, covering different areas through the most important financial centers.
Do those who can invest in Forex?
The main participants in the market are: banks, central banks, commercial companies, operators and individual investors and brokers. Any of us can speculate with the currency market since it is open to anyone.
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