Monday, February 9, 2009

Forex Trading

The Foreign Exchange Market is the financial largest market in the world.
Forex Trading has appeal to investors worldwide, whether living in the USA, Canada, South America,Japan, Germany, Holland, France, India, Russia, the whole of Asia, Africa, Australia, or anywhere in the world, on really remote places, with an internet connection its possible to trade with Forex, 24 hours per day, every day of the week, in the morning, afternoon, evening, or even in the middle of the night. The daily turnover on stock trading, only in the USA, exceeds 3.25 trillion dollars.

When you want to start Forex Trading, its very important to find a suitable Forex broker. A good broker offers good service, good spreads and reliable trading environment.You can do a search to find the broker you need.

Forex trading, ever an exclusive field, is now available for everyone online
An operation on Forex is related to two simultaneous actions.
It is buying a currency and simultaneous selling another currency.
This combination operation is called, a cross (for example, the euro/US dollar,
or the British pound/Japanese yen.).

The most negociated currencies are called: ” Majors”.
Majors are for more than 85% concerned at the daily operations on Forex.
The seven Majors are: the currency of the V.S. (dollar, USD), Japanese yen (JPY),
euro (EUR), British pound (GBY), Swiss franc (CHF), Canadian dollar (CAD) and
Australian dollar (AUD).


CURRENCY

Aruba Guilder

The Aruba guilder (also called florin), denoted by AWG, is the official currency of Aruba. It is divided into 100 cents and its best-known coin is the uniquely squared shape 50-cent "yotin" coin. The guilder has held a peg to the US Dollar since 1986 at the exchange rate of 1.79 AWG to 1 USD. The guilder may not be exchanged outside of Aruba.

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