Wednesday, July 22, 2009

Reading a foreign exchange quote is simple if you remember two things: 1. The first currency listed is the base currency 2. The value of the ba


With average daily turnover of US$3.2 trillion, forex is the most traded market in the world.
A true 24-hour market from Sunday 5 PM ET to Friday 5 PM ET, forex trading begins in Sydney, and moves around the globe as the business day begins, first to Tokyo, London, and New York.

Unlike other financial markets, investors can respond immediately to currency fluctuations, whenever they occur - day or night.

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