Tuesday, 7 June 2011
What forex is ?
Investments usually deal with 4 major pairs: Euro against US dollar, US dollar against Japanese yen, British pound against US dollar, and US dollar against Swiss franc or EUR/USD, USD/JPY, GBP/USD, and USD/CHF used to sign these pairs accordingly. These major pairs are considered as the Forex market's "blue chips.” You will not receive any dividends on the currencies. Well known "buy low - sell high" gives the profit for currency trades.
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