Forex (Foreign Exchange) simply means the buying of one currency and selling another at the same time. In other words, the currency of one country is exchanged for those of another. The currencies of the world are on a floating exchange rate, and are always traded in pairs Euro/Dollar, Dollar/Yen, etc. In excess of 85 percent of all daily transactions involve trading of the major currencies.
Title:
Forex Trading, Forex Rates, Forex Earning
URL:
http://www.forexcraze.com
Date Updated:
November 15, 2007 12:08 PM