Forex Market Trading – Understanding the Forex Market

Forex Market Trading – Understanding the Forex Market

 

Forex market trading is a derivative of the  foreign exchange. The foreign exchange market now known as the forex market or fx has not been around for many years.   It  originated in the early 1970’s when  the United States stopped using the  gold standard. When the gold standard was no longer in use the other currencies went out of control.   Prices began to fluctuate with out any forms of control. When this occurred banks again took the opportunity to buy currency low and the later sell it high.   This was the creation of the Forex Market. Continue reading