Currency trading in simple terms means trading of currencies. The currency trading market is the largest financial market in the world with the daily volume of trade being more than $2 trillion. This is far more than the approximate $50 billion worth of transactions that take place at the New York Stock Exchange. Currency trading is, in other words referred to as forex or FX, which is the short for foreign exchange.
Each country in the world has a currency and these currencies have their own value in relation to one another. These values are not fixed or permanent but keep fluctuating due to several reasons. The first of these reasons is the
No comments:
Post a Comment