What is Forex - الحج و العمره

What is Forex

October 13, 2018
What is Forex


What is Forex
What is Forex Trading?
The Forex market or the foreign exchange market and the English Foreign Exchange - the abbreviation Foreign Exchange - is one of the largest financial markets in the world in terms of turnover of more than 4 trillion dollars a day.

It is a currency trading against another currency, often for the purpose of making a profit.

Currency pairs and trading price
Currencies are traded in pairs.

The currency pair trading rate is the value of the quoted currency that you can buy against one unit of the base currency.

For example, the euro and the US dollar are the most common currency pairs and traded in the markets.

When you look for the EUR / USD exchange rate, you want to know how many dollars you can buy for EUR 1 (the base currency).

If the EUR / USD exchange rate is 1.2356, then you can buy USD 1.2356 for every EUR 1.
If the exchange rate is bullish, it means that the base currency is gaining strength against the secondary currency.
If the exchange rate is in a downward direction, it means that the base currency is weakening against the secondary currency.What is Forex
What is Forex Trading?
The Forex market or the foreign exchange market and the English Foreign Exchange - the abbreviation Foreign Exchange - is one of the largest financial markets in the world in terms of turnover of more than 4 trillion dollars a day.

It is a currency trading against another currency, often for the purpose of making a profit.

Currency pairs and trading price
Currencies are traded in pairs.

The currency pair trading rate is the value of the quoted currency that you can buy against one unit of the base currency.

For example, the euro and the US dollar are the most common currency pairs and traded in the markets.

When you look for the EUR / USD exchange rate, you want to know how many dollars you can buy for EUR 1 (the base currency).

If the EUR / USD exchange rate is 1.2356, then you can buy USD 1.2356 for every EUR 1.
If the exchange rate is bullish, it means that the base currency is gaining strength against the secondary currency.
If the exchange rate is in a downward direction, it means that the base currency is weakening against the secondary currency.What is Forex
What is Forex Trading?
The Forex market or the foreign exchange market and the English Foreign Exchange - the abbreviation Foreign Exchange - is one of the largest financial markets in the world in terms of turnover of more than 4 trillion dollars a day.

It is a currency trading against another currency, often for the purpose of making a profit.

Currency pairs and trading price
Currencies are traded in pairs.

The currency pair trading rate is the value of the quoted currency that you can buy against one unit of the base currency.

For example, the euro and the US dollar are the most common currency pairs and traded in the markets.

When you look for the EUR / USD exchange rate, you want to know how many dollars you can buy for EUR 1 (the base currency).

If the EUR / USD exchange rate is 1.2356, then you can buy USD 1.2356 for every EUR 1.
If the exchange rate is bullish, it means that the base currency is gaining strength against the secondary currency.
If the exchange rate is in a downward direction, it means that the base currency is weakening against the secondary currency.

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