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Apr

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   Posted by: RaymondLee   in Forex Auto Money

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FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely.

Forex Auto Money

Forex Auto Money

In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand.

As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 2 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies.

Forex Auto Money

Forex Auto Money


Technorati Tags: currency trading, forex account, Forex Ambush 2.0, Forex Auto Money, forex dealing, forex exchange, Forex Forecast, forex investing, forex investments, forex options, forex trades, forex trading, forex trading online

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This entry was posted on Thursday, April 2nd, 2009 at 2:41 am and is filed under Forex Auto Money. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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