شاهد الان

Forex, also known as forex, FX or forex trading, is a decentralized global market of all currencies that are traded around the world. This market is the largest and most liquid in the world, with a daily turnover of more than 5 billion dollars. The other stock markets in the world as a whole do not come close to this. But what does this mean? Take a closer look at forex trading and you will find interesting trading opportunities that are not available on other investments.

FOREX TRANSACTION: EVERYTHING IS IN THE EXCHANGE RATE

If you have ever traveled abroad, you have made a forex transaction. Travel to France and convert your pounds into euros. When you do this, the exchange rate between the two currencies - based on supply and demand - determines how many euros you will get for your pounds. And the exchange rate fluctuates continuously.

On Monday a pound could give him 1.19 Euros. On Tuesday 1,20 Euros. This little change may not seem like a big deal. But think about it on a larger scale. A large international company may have to pay foreign employees. Imagine what you could do to the bottom line if as in the example above, does changing one currency for another cost you more depending on when you do it? These few cents add up quickly. In both cases, you as a traveler or business owner may want to withhold your money until the exchange rate is more favorable.