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Trade
The American dollar on Forex
Even if you've never watched economic news Forex, you must be aware of the fact that the main currency exchange is the us dollar. According to statistics, it exchanged approximately 49 percent of the total world currency. In General, the whole foreign exchange market is divided into 5 segments. 1 percent owned Futures, 5 cent Options 7 percent - Forwards 39 interest – Swaps and 48 percent of all Forex exchange – Spot. The last segment, the most important and large - it works most of the traders. Here you can exchange dollars at any major world currency. It could be euros or Japanese yen, Australian dollar or new Zealand dollar, canadian dollar or pound sterling of Britain. And the Swiss franc.
By the way, those, who scans the news of the Forex market, should know that a growing popularity, especially in Europe, began to use currency trading without the participation of the dollar. We are talking about trading the Euro against the yen and the Euro against the pound sterling.
What may be attractive to you trade on Forex? For example that you can work on it, despite the economic state of the country. In other words, you have a unique opportunity to make a profit (and losses) and growth, and the fall in the exchange rate. For example, in the case of the United States of a recession and stock-market is changing, becoming "falling". In this period all the participants of the foreign exchange market, Forex start to sell American dollars, buying the currency of the country (countries) with the best economic situation. This leads to a decline of the us dollar in value against the currencies of other countries. In other words, this decline helps the traders not only lose, but to get profit, because when carrying out transactions for the sale of one currency by simultaneously buying another. Forex trading has a lot of features, and before you become a trader, you should learn more about them.
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| Category: Forex | Added by: (30.10.2017)
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| Views: 325
| Rating: 0.0/0 |
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