EURUSD 1.1773 -0.53%
#BK 54.01 -0.67%
#KHC 78.96 -0.38%
#UTX 123.74 -0.40%
GBPUSD 1.3429 0.16%
#C 73.88 -1.68%
#KO 46.02 0.30%
#VZ 52.33 -1.11%
USDJPY 112.33 -0.37%
#CAT 146.21 -1.59%
#MCD 173.12 -0.24%
#WMT 97.11 -0.67%
USDCHF 0.9888 0.34%
#CL 57.16 0.66%
#MDLZ 42.77 -0.37%
#XOM 82.88 -0.33%
USDCAD 1.2800 -0.14%
#CSCO 37.88 -0.66%
#MMM 238.01 -0.46%
AUDCAD 0.9802 0.27%
EURJPY 132.26 -0.91%
#DIS 110.59 2.70%
#MO 71.78 -0.75%
AUDCHF 0.7577 0.78%
EURCHF 1.1642 -0.18%
#DWDP 70.30 -0.34%
#MRK 55.99 -1.64%
AUDJPY 86.01 0.03%
GBPJPY 150.86 -0.21%
#EBAY 37.57 0.45%
#MSFT 84.70 -0.79%
AUDUSD 0.7661 0.42%
GBPCHF 1.3277 0.49%
#F 12.45 -1.37%
#NG 2.686 -0.71%
CADCHF 0.7723 0.51%
GOLD 1252.23 -0.10%
#GE 17.64 -0.68%
#NOK 4.60 -1.52%
CADJPY 87.74 -0.23%
#AA 42.23 0.85%
#GOOG 1049.23 0.79%
#ORAN 17.16 -1.22%
CHFJPY 113.47 -0.75%
#AAPL 172.17 -0.08%
#HD 182.09 -0.52%
#PFE 36.45 -0.52%
CRSIDX 10172.2 0.40%
#ADBE 174.97 -1.03%
#HON 153.21 -1.68%
#PG 90.97 0.12%
EURAUD 1.5369 -0.95%
#AIG 58.10 -1.45%
#HPQ 20.73 -0.53%
#QQQ 155.85 -0.05%
EURGBP 0.8765 -0.70%
#AMD 10.11 0.20%
#IBM 154.13 0.11%
#S 5.61 -1.25%
NZDCAD 0.8934 -0.67%
#AMZN 1175.30 0.96%
#INTC 43.25 -0.16%
#SNE 44.44 -0.40%
NZDCHF 0.6902 -0.16%
#AXP 97.14 -0.63%
#IP 55.19 -2.30%
#SPY 265.58 -0.41%
NZDJPY 78.40 -0.91%
#BA 293.78 0.65%
#JNJ 141.67 -0.88%
#T 37.75 -0.82%
SILVER 15.86 -0.95%
#BAC 28.72 -0.38%
#JPM 104.64 -0.84%
#UL 55.44 -1.62%
About FOREX

FOREX is an international foreign exchange market. Its abbreviation derives from the word combination denoting currency transactions – Foreign Exchange. As one of the youngest market financial markets – Forex in its present identity has been around only since the 1970s – this foreign exchange market is nonetheless the largest in volume and the most dynamic. The daily trade on FOREX consists of 4 trillion USD, 30 times greater than the combined volume of all the other capital markets in the US.

As with any other market FOREX conducts business with a base asset. In case of the foreign exchange market this asset is the national currency of different countries. The fundamental cause of exchange rates fluctuations is the demand of government institutions and commercial companies around the world for converting profits earned from the sale of goods and services abroad into their national currency. This sector constitutes approximately 5% of the general trading of the foreign currency market. The other 95% comes from the speculation capital of foreign exchange traders trying to derive a profit from currency fluctuations.

There are various types of brokers on forex market, such as CFD brokers (Contract for Difference), ECN brokers (which provide forex traders with the direct access to other forex market participants), MT brokers (that support MetaTrader 4 software), institutional forex brokers (with the reputation backed up by well-established and reputable off-line companies: banks and financial organizations) and others.

One of the main advantages of the foreign exchange is stability. The principal threat to any financial market is unexpected market failure and market index collapse. However, unlike capital markets, FOREX does not fail. If prices for shares suddenly drop, it’s a catastrophe. If the dollar collapses, it just means that another currency has grown stronger. For instance, the yen once within the period of a few months rose 25% against the dollar in 1998. On certain days the dollar fell ten percent and more. However, the downturn for the dollar could not become a reason for a foreign exchange market crash, and trade continued in its usual fashion. This is precisely why there is market and business stability for foreign exchange transactions. Foreign currency remains the most liquid and reliable trading instrument.

Of greatest interest for speculators are the so-called standard (the most liquid) currencies. Today more than 85% of all transactions are use standard currencies like the United States dollar – USD, Japanese yen – JPG, Euro – EUR, British pound – GBP, Swiss franc – CHF, Canadian – CAD and Australian dollars – AUD.

As important stage in becoming acquainted with foreign exchange trading is understanding the system of currency exchange markings. This is a relatively simple task taking into account that all standard currency pairs are indicated the same way – on opposite sides of the slash mark “/” there are two symbols, the relationship of values of which is the exchange rate of the currencies: EUR/USD (the exchange rate of Euro against US dollar), GBP/USD (exchange rate of the British pound against the US dollar), USD/JPY (exchange rate of the US dollar against the Japanese yen) etc. The slash mark “/” is often omitted and currency pairs are spelled in the following manner: EURUSD, GBPUSD, USDJPY.

The gist of FOREX operations is completely transparent– earning a profit from currency transactions based on market fluctuations in the relationship between one currency against the other: the entire foreign exchange market consists of the total of currency pairs each of which reflects the value of one national currency in relation to the other. For example, if we say that one euro is worth 1 dollar and 34 cents, that means the exchange rate of EUR/USD equals 1 : 1.3400.

We invite you to learn more about how to make a profit on the FOREX market using actual examples.

FOREX quotes
EURUSD 1.1773 -0.53%
GBPUSD 1.3429 0.16%
USDJPY 112.33 -0.37%
USDCHF 0.9888 0.34%
USDCAD 1.2800 -0.14%
EURJPY 132.26 -0.91%
EURCHF 1.1642 -0.18%
GBPJPY 150.86 -0.21%
GBPCHF 1.3277 0.49%
GOLD 1252.23 -0.10%
#AA 42.23 0.85%
#AAPL 172.17 -0.08%
#ADBE 174.97 -1.03%
#AIG 58.10 -1.45%
#AMD 10.11 0.20%
#AMZN 1175.30 0.96%
#AXP 97.14 -0.63%
#BA 293.78 0.65%
#BAC 28.72 -0.38%
#BK 54.01 -0.67%
#C 73.88 -1.68%
#CAT 146.21 -1.59%
#CL 57.16 0.66%
#CSCO 37.88 -0.66%
#DIS 110.59 2.70%
#DWDP 70.30 -0.34%
#EBAY 37.57 0.45%
#F 12.45 -1.37%
#GE 17.64 -0.68%
#GOOG 1049.23 0.79%
#HD 182.09 -0.52%
#HON 153.21 -1.68%
#HPQ 20.73 -0.53%
#IBM 154.13 0.11%
#INTC 43.25 -0.16%
#IP 55.19 -2.30%
#JNJ 141.67 -0.88%
#JPM 104.64 -0.84%
#KHC 78.96 -0.38%
#KO 46.02 0.30%
#MCD 173.12 -0.24%
#MDLZ 42.77 -0.37%
#MMM 238.01 -0.46%
#MO 71.78 -0.75%
#MRK 55.99 -1.64%
#MSFT 84.70 -0.79%
#NG 2.686 -0.71%
#NOK 4.60 -1.52%
#ORAN 17.16 -1.22%
#PFE 36.45 -0.52%
#PG 90.97 0.12%
#QQQ 155.85 -0.05%
#S 5.61 -1.25%
#SNE 44.44 -0.40%
#SPY 265.58 -0.41%
#T 37.75 -0.82%
#UL 55.44 -1.62%
#UTX 123.74 -0.40%
#VZ 52.33 -1.11%
#WMT 97.11 -0.67%
#XOM 82.88 -0.33%
AUDCAD 0.9802 0.27%
AUDCHF 0.7577 0.78%
AUDJPY 86.01 0.03%
AUDUSD 0.7661 0.42%
CADCHF 0.7723 0.51%
CADJPY 87.74 -0.23%
CHFJPY 113.47 -0.75%
CRSIDX 10172.2 0.40%
EURAUD 1.5369 -0.95%
EURGBP 0.8765 -0.70%
NZDCAD 0.8934 -0.67%
NZDCHF 0.6902 -0.16%
NZDJPY 78.40 -0.91%
SILVER 15.86 -0.95%
Powered by CorsaCapital
Forex news
14.12.2017 19:10 - 3 hours 33 minutes ago
Crude Oil Rises To $57 As Retail Sales Climb