What are Forex Signals and Forex Signal Provider?
Forex stands for foreign exchange market and describes the international trade in currencies and foreign exchange. There are no direct trading, but there is a worldwide interbank market, the daily turnover up to over 2 trillion dollars. Always be traded pairs ( “Cross”) of currencies (eg dollars against the euro, the euro against the yen) at the same time by different currencies bought and sold – a kind of barter transaction (Transaction transaction) is recorded. The nominal exchange rate between the currencies is the expression of one currency expressed in another currency. The pairings (eg EURUSD = Euro U.S. Dollar) can also be reversed and then press the value of the first currency in the second currency. The most commonly traded pairs are designated as majors. The conversion is done in margin. Meanwhile, not only the big international banks participate in the Forex, but also private investors may Forex broker with a well-developed special software solution on the currency exchange
