What is FOREX ?
undefined
undefinedundefined
In Simple manner FOREX (Foreign Currency Exchange) is simultaneous purchase and sale of the currency or the exchange of one country's currency for another .These do not have fixed exchange rates , always fluctuating. In forex currencies are traded in pair. Major pairs are EUR/USD , GBP/USD ,USD/CHF , USD/JPY.
FOREX is oldest and biggest market in the world .Daily turnover is more than $4 trillion.It is open 5 days (24hours).
FOREX is oldest and biggest market in the world .Daily turnover is more than $4 trillion.It is open 5 days (24hours).
