Fx, India, Firm, Incorporation, Partnership, Trading, Fund, Foreign Exchange, Forex White Label, Forex White Label Solutions, signals2trade.com Section II: The Forex Market Fx, India, Firm, Incorporation, Partnership, Trading, Fund, Foreign Exchange, Forex White Label, Forex White Label Solutions, signals2trade.com What is The Forex Market? The Forex market is an acronym of The Foreign Exchange Market also called The Currency Market. What is traded in the Forex Market? Money, as simple as that! Currencies are bought and sold freely. This is the simultaneous buying of one currency and the selling of another. For instance, you have some inside information that leads you to think that the Euro will go up, you want to buy the Euro pair (or EUR/USD). When you buy the EUR/USD pair you are actually buying the EUR and selling the US dollar. When you buy the EUR it is also said that you are “long” the EUR. When you sell the EUR it is also said that you are “short” the EUR. More than 80% of the volume is generated by what we call the seven major currencies: The US dollar (USD) The Euro (EUR) The British Pound (GBP) The Swiss Franc (CHF) The Canadian dollar (CAD) The […]
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