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Forex

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Forex

  • Category : Forex - Admin
  • 2019-08-27 12:16:52

Forex is a market created by the abbreviation of the words “Foreign Exchange” and created by the mutual buying and selling of the currencies of the countries. Forex, the International Foreign Exchange Market, was created in 1971 with the transition to the floating exchange rate system in the world.

In short, it is a market where the currencies of the countries are subject to change thanks to prices determined according to supply and demand.

The Forex Market, including the World Central Banks, is the market with the highest liquidity among the Capital Market instruments. Therefore, it has a dynamic structure.

Forex is an active, non-sleeping investment tool that can be invested on the prices of many different products such as world economies currencies and oil, gold, stock market indices.