What is Forex | Foreign Exchange
Forex is “Foreign Exchange” and this actually means thebuying and selling of currencies. In forex, you are actually buying a countrycurrency and at the same time selling another country currency. For Eg, USD/JPY.
Let’s take theUSD/JPY pair for example; when you are buying USD, you are actually selling the
Japan Yen in exchange for the US dollars.
In fact, when you are exchanging money from your bank or money changer, you are in the
process of Forex trading. You are selling your country currency to buy another country
currency. However the physical exchange above is only playing a small part in the
market.
The player one in the market is the banks and this is known as the inter bank market. In
the inter bank market, there are a group of banks that trade against one another and this
simply accounts for trillion of dollars everyday.There is another term, Get in Get Out Get Rich
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean. 
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