Basics Of Forex
Click Read More Below, What is Forex Trading? Forex trading is the process of speculating on currency prices to potentially make a profit. Currencies are traded in pairs, so by exchanging one currency for another, a trader is speculating on whether one currency will rise or fall in value against the other. The value of a currency pair is influenced by trade flows, economic, political and geopolitical events which affect the supply and demand of forex. This creates daily volatility that may offer a forex trader new opportunities.Through online trading platforms provided by global brokers, you can buy and sell currencies from your phone, laptop, tablet or PC.