Currency conversion is simply the changing of money from one currency to another for the primary purpose of purchasing goods, services, or assets from a foreign country.

A brief history of currency trading

Sarah R. 2018-05-14 23:14:34

Until the late 1960s the currency markets were extremely stable and very much a closed club. Things were about to change rapidly!

The six major players in foreign exchange market

Sarah R. 2018-05-14 23:14:34 Central banks, commercial banks, investment banks, multinational corporations, institutional traders, retail forex brokers, retail traders

There are six main participants in the forex market: central banks, commercial banks and investment banks, multinational corporations, institutional traders, retail forex brokers, and retail traders.

How money is made in the forex game

Jimmy M. 2018-05-14 11:54:43 Forex game, forex prices, economic factors, political factors, natural disasters, speculation, trend, range, breakout

Four main factors cause forex prices to fluctuate: economic factors, political factors, natural disasters, and speculation.

Currency playing in the majors

Taylor R. 2018-05-12 19:22:08 Currency pairings, us dollar, japanese yen, british pound, liquidity

According to the BIS, the most - traded currency, by far, is the U.S. dollar, with consistently greater than 85% of the average daily turnover in foreign exchange trading.

On trading money to make money

Ashton H. 2018-05-12 17:15:48 Currency conversion, us dollar, british pound, forex, foreign exchange trading

Foreign exchange trading is essentially about trading money. There are several reasons why people and institutions would want to trade money.