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Jan 122010

Of course you heard about Forex. Lot of people speaks about the money involved on trading with forex market. Foreign Exchange Currency Trading (Forex) is the exchange money market between different countries and traders. The value of one country’s currency is constantly changing against the value of another country’s currency. Forex traders makes money through the demand on buying and selling currencies on the foreign exchange market.

For example you should pay a supplier in Italy and you need Euro (named EUR in Forex) but you live in USA and you have US Dollars. You must go to your Bank and change Dollars for Euros. Because you are a small buyer you must pay for Euros what they ask. If  you must pay a large amount like 100.000 or 500.ooo Euro the game is changing quickly. You can trade and obtain a smaller price for each Euro you want to buy.

This is happen every second on Forex.