Foreign exchange market ( Forex )

AnChas | 4:51 PM | 4 Komentar

Forex (UK: foreign exchange market, forex) or abbreviated exchange forex trading is a type of transaction or deal in the currency of a country against other countries currencies (currency pair / pair), which involve money markets in the world during the primary 24 hours on an ongoing basis.

Movement of foreign exchange market ( Forex ) from the markets gyrate New Zealand and Australia that took place at 05.00-14.00 WIB, continue to the Asian markets of Japan, Singapore, and Hong Kong that took place at 07.00-16.00 WIB, to European markets, namely Germany and the UK that took place at 13:00 -22.00 WIB, to market the United States that took place at 20.30-10.30 WIB. In the development history, central banks belonging to countries with reserve currencies can be the biggest even defeated by the strength of foreign exchange market is free.

According to the survey, BIS (Bank for International Settlement, the central bank), made at the end of the year 2004, the transaction value of foreign exchange market ( forex ) reached more than USD $ 1.4 trillion per day.

Given the level of liquidity and price movement of the acceleration is high, foreign exchange (Forex) has also become the most popular alternative because the ROI (return on investment or the level of return on investment) and profit which can be obtained than the average trade in general. As a result of rapid movement, the foreign exchange market ( Forex) also has a high risk



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