Currency exchange is very attractive for both the corporate and individual traders who make money on the Forex market. Forex is a special financial market assigned for foreign exchange of currencies. The following features make this market different in comparison to all other sectors of the world financial system:
heightened sensibility to a large and continuously changing number of factors;
accessibility to all traders in the major currencies;
guaranteed quantity and liquidity of the major currencies;
increased consideration for several currencies, round-the clock business hours which enable traders to deal after normal hours or during national holidays in their country finding markets abroad open and
extremely high efficiency relative to other financial markets.
This goal of this blog is to introduce beginning traders to all the essential aspects of foreign exchange in a practical manner and to be a source of best answers on the typical questions as why are currencies being traded, who are the traders, what currencies do they trade, what makes rates move, what instruments are used for the trade, how a currency behavior can be forecasted and where the pertinent information may be obtained from. Mastering the content of an appropriate section the user will be able to make his/her own decisions, test them, and ultimately use recommended tools and approaches for his/her own benefit.