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Publicado: 16 de enero de 2013
Forex Market:
Largest Market in the industry, trading $5 Trillion Dollars a DAY.
But Retail Traders only trade the Spot Market and that is only $1.49 Trillion Dollars.
What is Trades at theForex?
Money.
In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other countries' economies.
SymbolCountry Currency Nickname
USD United States Dollar Buck
EUR Euro Z members Euro Fiber
JPY Japan Yen Yen
GBP Great Britain Pound Cable
CHF Switzerland Franc Swissy
CAD Canada DollarLoonie
AUD Australia Dollar Aussie
NZD New Zealand Dollar Kiwi
The currencies included in the chart above are called the "Majors" because they are the most widely traded ones.
Take NZD forinstance. NZ stands for New Zealand, while D stands for dollar.
Currencies Are Traded in Pairs!
Forex trading is the simultaneous buying of one currency and selling another. Currencies are tradedthrough a broker or dealer, and are traded in pairs; for example the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY).
Major Currency Pairs:
The currencypairs listed below are considered the "majors". These pairs all contain the U.S. dollar (USD) on one side and are the most frequently traded. The majors are the most liquid and widely traded currencypairs in the world.
EUR/USD Euro zone / United States "euro dollar"
USD/JPY United States / Japan "dollar yen"
GBP/USD United Kingdom / United States "pound dollar"
USD/CHF United States/Switzerland "dollar swissy"
USD/CAD United States / Canada "dollar loonie"
AUD/USD Australia / United States "aussie dollar"
NZD/USD New Zealand / United States “kiwi dollar”
MINORS:
AnyTrades that do not involve the USD
Euro Crosses
EUR/CHF Euro zone / Switzerland "euro swissy"
EUR/GBP Euro zone / United Kingdom "euro pound"
EUR/CAD Euro zone / Canada "euro loonie"...
Largest Market in the industry, trading $5 Trillion Dollars a DAY.
But Retail Traders only trade the Spot Market and that is only $1.49 Trillion Dollars.
What is Trades at theForex?
Money.
In general, the exchange rate of a currency versus other currencies is a reflection of the condition of that country's economy, compared to other countries' economies.
SymbolCountry Currency Nickname
USD United States Dollar Buck
EUR Euro Z members Euro Fiber
JPY Japan Yen Yen
GBP Great Britain Pound Cable
CHF Switzerland Franc Swissy
CAD Canada DollarLoonie
AUD Australia Dollar Aussie
NZD New Zealand Dollar Kiwi
The currencies included in the chart above are called the "Majors" because they are the most widely traded ones.
Take NZD forinstance. NZ stands for New Zealand, while D stands for dollar.
Currencies Are Traded in Pairs!
Forex trading is the simultaneous buying of one currency and selling another. Currencies are tradedthrough a broker or dealer, and are traded in pairs; for example the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY).
Major Currency Pairs:
The currencypairs listed below are considered the "majors". These pairs all contain the U.S. dollar (USD) on one side and are the most frequently traded. The majors are the most liquid and widely traded currencypairs in the world.
EUR/USD Euro zone / United States "euro dollar"
USD/JPY United States / Japan "dollar yen"
GBP/USD United Kingdom / United States "pound dollar"
USD/CHF United States/Switzerland "dollar swissy"
USD/CAD United States / Canada "dollar loonie"
AUD/USD Australia / United States "aussie dollar"
NZD/USD New Zealand / United States “kiwi dollar”
MINORS:
AnyTrades that do not involve the USD
Euro Crosses
EUR/CHF Euro zone / Switzerland "euro swissy"
EUR/GBP Euro zone / United Kingdom "euro pound"
EUR/CAD Euro zone / Canada "euro loonie"...
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