Hello, everyone. Here is my thoughts and answers regarding Forex. It'd be awesome if you could leave a comment. Let me hear your thoughts and opinions about Forex 😋
What does Forex stand
for?
Foreign
Exchange
What does Forex refer
to?
It
refers to the market that allows the exchange of currency.
What is Forex trading?
It
buys a type of currency and sells another one.
What does Forex
trading market refer to?
It
is an institution for the exchange of one country's currency with that of another
country.
How does the foreign
exchange work?
They
buy and sell currency; this should make their profit more of what they
originally paid.
What do people trade?
Different
currencies.
How do people trade?
Form
whoever they can. They just try to predict which currency is going to leave
them a higher profit.
What is a
currency-pair?
It
is the difference of value between currencies.
What makes currency-
pairs move?
Supply
and demand.
I'm shocked about the fact that you can make really money just trading some currencies for others.
ResponderBorrarI really liked this topic because I learned more about the currency market. I agree in many answers with you, they are very interesting.
ResponderBorrarI found this topic very interesting since we can see the ability to connect worldwide and how to benefit from the exchange of currencies. Good job
ResponderBorraryou explain the topic very simple, its help me to understan better.
ResponderBorrari think the currency commerce have much information but is necesary to understan it.