Welcome to Foreign Exchange Trading
Feature Article September 6, 2010
Automatic Forex Software
- September 6, 2010, 4:42 pm
The Foreign Exchange or "Forex" market is where people, companies, and government entities go to exchange currency. Unlike the stock market, currency can be exchanged 24 hours a day Monday through Friday. The way money is made is by trading pairs of currencies such as the Euro and the US Dollar. Let's say I have 100 Euros worth 1.5 USD each. One USD is then worth 0.67 Euros. I trade in Euros for USD and now I have 150 USD. Later, one USD is worth 0.75 Euros. I trade again and now I have 112.5 Euros making a 12.5%Feature News
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Publisher: DailyForex
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Publisher: AFP
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