Monday, August 20, 2012

Features forex market




financial analysts estimated daily volume of currency trading in the forex market at about $ 3 trillion (3 
trillion dollars a day), where hundreds of millions of dollars are bought and sold every few seconds. As an example, showed a survey carried out by the Arab Advisors Group, said about 70 000 Jordanian trading in foreign currencies at the margin (Forex) in amounts nearly U.S. $ 787 million.

And are traded by buying and selling major currencies, which holds the basic share from operations in the forex market is the U.S. dollar base currency and the euro and the pound sterling and the Swiss franc and Japanese yen, Australian dollar, Canadian dollar and the currencies of other Arab and foreign countries.

The economists that the currency markets are the markets created by the unusual technical and facilitated the spread in recent times, and technology influenced the forex market, this market was able to attract large groups of investors over the past years thanks to the spread of technology and communications.

In contrast to several markets spread across the market, the currency market is not an elitist market fluent deal with only a few people, but the lack of interest in media coverage of economic activities, trade currency to make this market away from the public. Even people who do not have experience in dealing with the Internet and computer, can trade through telephone calls to brokerage firms and to accept the projections indicate a large segment of young Saudi and Gulf currencies to trade in future periods

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