Welcome to our Blog


The Blog is dedicated to the readers, who are interested in Forex market. Many articles about Forextrade will be as good for the beginner as for the experienced one. The articles are written by different authors, who share their works with you or simply provide information about Forex. We are sure that you’ll find everything you need on this topic. Our database covers Many articles, casting light on numerous topics about Forex and trading process on the exchange. Visit our site as frequently as possible, because our article base is growing from time to time. If it is difficult to navigate through the site you, you can use the form to find the necessary article, just enter the word and click «search». We hope you’ll have success with what you have found and your problems will be solved. Stay with us and Forex! Good Luck

Thursday, September 22, 2011

Forex for Beginners - How does a transaction on the Forex?

Recalling certain concepts in atransaction of Forex , a currency is sold in exchange for another when the exchange rate expresses the relative value between two currencies, but these boundaries are usually identified by a code called 'Swift' with three digits. For example, EUR = euro, USD= U.S. dollar, CHF = Swiss franc and so on, as you can see in this article that elaborates the basic concepts of forex. An exchange rate of EUR / USD of 1.5000 or merely 1.5 means that 1 € is worth $ 1.5, that is, we need $ 1.5 to buy € 1. Ie is the Euro against the dollar is tipped and replies to the question: How many USD (U.S. dollars) worth 1 euro? The answer is the price of EUR / USD.
Posted by at 11:35 AM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Enter your email address:
x

Get Our Latest Posts Via Email - It's Free

Enter your email address:

Delivered by HotMazia