Thursday, September 20, 2012

Factors Affecting Value in Forex Trading

Trading on forex (the foreign exchange) is the exchanging of one currency for another, with the intention of earning a profit on the deal when, at some point in the future, the value of the purchased currency increases. It is popular because it's easy and accessible, with the market running 24 hours a day, closed only between Friday evening and Sunday evening. To do well, an understanding of the factors affecting currency value is helpful.

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