It is currently Sun May 20, 2012 8:18 pm
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EUR USD, GBP USD, USD CHF
Technical Analysis, Forecast Theories, Economic / Political Discussions -
Last post by jspink
Fri Mar 30, 2012 7:45 pm - 1485
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Other Currencies
Cross Currencies, CHF/JPY, EUR/JPY, EUR/GBP, CAD, AUD, ZAR and other currencies -
Last post by adirondackauberge
Fri Mar 30, 2012 7:46 pm - 1679
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Financial Associations
Non Profit Associations / Discussions -
Last post by davidfarmer
Tue Mar 27, 2012 9:30 am - 1005
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FX Articles
Technical Analysis, Forecast Theories, Economic / Political Discussions -
Last post by apeace
Fri Mar 30, 2012 8:00 pm - 1578
TopicsTopics - 4504
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Forex Forecast
Forecast theories, Technical Forecast, Forecast software -
Last post by eusebia_p
Fri Mar 30, 2012 3:45 pm - 2427
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***Trade of the day
Get the trade of the day here. -
Last post by jerickson
Fri Mar 30, 2012 3:46 pm - 1269
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Current Market Sentiment and daily forex trade recommendation
The current market sentiment and daily forex trading recommendation -
Last post by mason.advisor
Fri Mar 30, 2012 4:01 pm - 1580
TopicsTopics - 4496
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ACM - Advanced Currency Markets
Here are the forex news provided by the forex broker ACM, you will find some Daily Forex Snapshot, some Forex Alerts and some Daily Currency News & Commentary -
Last post by bznscore
Fri Mar 30, 2012 4:30 pm - 2213
TopicsTopics - 4531
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FBS - Finance Freedom Success
FBS Holdings Inc. is an international brokerage company that provides its clients with access to world financial markets – forex, CFD, futures. -
Last post by richmond_michael
Fri Mar 30, 2012 4:46 pm - 1290
TopicsTopics - 4500
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Online Forex Trading
Forex Dealstations, Online trading institutes, Software -
Last post by purplegecko
Fri Mar 30, 2012 5:15 pm - 1963
TopicsTopics - 4513
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Online Training Institutes and discussions
Online training, Caurses, Websites and software helping with forextraining -
Last post by mike.sorber
Fri Mar 30, 2012 5:01 pm - 1818
TopicsTopics - 4496
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Corporate Services
Fund management, Hedge Funds, Other Financial Institudes and usefull services -
Last post by gxtrl
Fri Mar 30, 2012 5:16 pm - 2268
TopicsTopics - 4524
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General Topics
General Forex Industry Discussions, Other forex related posts -
Last post by ecgvccv
Fri Mar 30, 2012 5:31 pm - 1867
TopicsTopics - 4482
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Forex Consulting
Accounting, Legal Services and other services -
Last post by hackle
Fri Mar 30, 2012 7:16 pm - 2264
TopicsTopics - 4487
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Forex Postitions / Recruitment
Positions, jobs and Forex Contracts, Traders -
Last post by lowrates
Fri Mar 30, 2012 6:01 pm - 2564
TopicsTopics - 4509
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Forex Private Group
Private Forex Group... Only active forex members can see this. -
Last post by wxwatcher
Sat Mar 24, 2012 7:30 am - 1280
TopicsTopics - 4222
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ForexIdol.COM Related
New Topics, New Categories, Suggestions... -
Last post by william.fetcko
Fri Mar 30, 2012 6:45 pm - 2497
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Chat - General
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Last post by speer
Fri Mar 30, 2012 7:31 pm - 2531
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The international exchange industry (forex, Forex Forum, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.
The foreign exchange market assists international trade and investment, by enabling currency conversion. For example, it permits a business in the United States to import goods from the United Kingdom and pay pound sterling, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation on the change in interest rates in two currencies.
In a typical foreign exchange transaction, a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
