Over time, the
foreign exchange market has been an invisible hand that guides the sale of
goods, services and raw materials on every corner of the globe. The forex
market was created by necessity. Traders, bankers, investors, importers and
exporters recognized the benefits of hedging risk, or speculating for profit.
The fascination with this market comes from its sheer size, complexity and
almost limitless reach of influence.
The market has
its own momentum, follows its own imperatives, and arrives at its own
conclusions. These conclusions impact the value of all assets -it is crucial
for every individual or institutional investor to have an understanding of the
foreign exchange markets and the forces behind this ultimate free-market
system.
Inter-bank
currency contracts and options, unlike futures contracts, are not traded on
exchanges and are not standardized. Banks and dealers act as principles in these
markets, negotiating each transaction on an individual basis. Forward
"cash" or "spot" trading in currencies is substantially
unregulated - there are no limitations on daily price movements or speculative
positions.
+ comments + 1 comments
Quantum Binary Signals
Get professional trading signals sent to your cell phone daily.
Start following our signals NOW & earn up to 270% a day.
Post a Comment