Hello is any one familiar with The Forex foreign exchange market?
[2006-09-12 11:36:57]

Q: would like to be aware if its a scam or if its lagit?

A: Steadfast its legit. It has its place though and you darned sure better know what and why you are doing it. If I had information of a big Japanese earthquake (or the political earthquake of North Korea successfully testing a nuke), then shorting Yen

Other - Business & Finance »

How does a central bank control the foreign exchange market FOREX?
[2007-01-20 12:04:44]


Also, why would a median bank want to do this?


There definitely is no single unified foreign exchange market that is controlled by any central bank. However, there are main trading centers in London, New York and Tokyo as well as some smaller centers throughout the people, but these do not "control"



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Other - Business & Finance »

From where shall i get forex (foreign exchange market) rates?
[2008-10-24 04:36:58]



I do acquiesce in that for getting latest FOREX market rates you can turn to this website http://www.xe.com
But the verified rates for transacting in FOREX are different depending on the transaction, i.e. inward/material cheque remittance, inward/outward

Investing »

What is the Foreign Exchange Market (FOREX)?
[2009-10-31 08:36:43]

I grasp hardly anything about the economy let alone trade markets. Please explain it to me in the most simplistic of terms. Say thank you you :)


Hi there, as much as the name Foreign Exchange Market suggests, there is no centralized market for Forex :)

The full "market" is made up of the central banks, big companies, banks, retail traders like you and me etc.

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As lengthy-term FX University Daily readers know, Sean's specialty is trading currency crosses, or non-dollar currency pairs in the foreign-exchange market.

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