What is Forex?
The foreign exchange market or Forex was founded in 1971 and is the replacement of one currency to another. It is the largest market in the face of the globe, trading up $ 2 trillion in a day!
To put this into perspective, the New York Stock Exchange trades on average less than 28 billion per day. In dollar volume, foreign exchange market can be traded at one-week New York Stock Exchange trades in one year!
Tuesday, May 17, 2011
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