Some basic things about foreign exchange trading is also to be understood so that when it comes to introduce your self to this market you may not have any problem. Foreign exchange market is also called as the worlds largest financial market because of it’s one point nine trillion dollar turnover per day. The simultaneous purchase of one currency and selling the other currency has made it as the easiest market. The main thing that you should remember here is that the currencies are traded in groups and pairs. For example, if you want to trade EURO as well as the United States Dollar, the symbol for this currency will be EUR/USD.
Friday, September 4, 2009
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