Alpari-idc.com Real time Forex exchange trading service
Title
Forex trading with Alpari. Online foreign exchange trading. Forex news, charts, analysis.
Description
Making Deals on Forex
Foreign Exchange Market (FOREX) is the arena where a nation's currency is exchanged for that of another at a mutually agreed rate. This largest financial market was created in 70's when international trade transitioned from fixed to floating exchange rates.
In fact, every national currency is a good, as well as wheat or sugar, and a medium of exchange, as gold or silver, so it really can be profitable. As the world is changing so fast, economic conditions of every country (production, inflation, unemployment etc) are getting more and more dependant on each other, as a result, the rate of a currency changes against other currencies. This is the main reason of the process of rate fluctuations.
Currency exchange rate is simply the ratio of one currency valued against another. For example, "EUR/USD exchange rate is 1.2505" means that one euro is traded for 1.2505 dollars.
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- Alexa: AlPari-IDc.com
