Forex
Forex market, the biggest market of the world is making many people richer and prosperous. But what is Forex? What is the meaning of Forex market?
Forex is the combination of starting words of two letters that are Foreign and exchange. Forex deals in trading currencies to earn profit and the market where these deals are done is called Forex Market.
In forex trading, currencies are exchanged to earn profit. The most important feature of this trading is that it is done on global level means people around the world can place trades and earn profits. It is estimated that more than trillion US dollars trading is done in a day. Forex trading like share market works for 5 days starting from Monday and ends at Friday making it 24/7 business. The big guns of forex trades are large banks, International corporations and large financial institutions.
The theme of forex trade is «free floating currencies». «Free floating currencies» are used for those currencies which are not supported by any specific product like diamond, gold, silver etc. Now how can one earn money from Forex trading?
The profit and loss of a forex trader is totally dependent on changes in the value of currencies. Euro and United States Dollars are the most hot favorites in the Forex market. These are like martini for the James Bonds of Forex market. The other most popular currencies are the Canadian Dollar, the Australian dollar, the New Zealand Dollar and the Japanese Yen. There are many examples of people in the market who has changed there fortunes by Forex trading. Warren Buffet, the world’s richest man has invested his more than 20 billion dollars in Forex market.
With the change in technology Forex market has changed its mode of trading also. Earlier forex trading was done through telephone only. Now many companies are providing user friendly online trading panel in the forex market.
Related posts:
- English for Marketing Использование лексического подхода очень важно для изучения специализированного английского. Часто возникают сложности с переводом терминологии, необходимой в различных областях знаний. Для того чтобы облегчить изучение языка, ниже приведена лексика по теме «Английский для маркетинга», включающая порядка 200 единиц. To act on the price Влиять на цену After-sales activities Дополнительная продажа After-sales service Гарантийное обслуживание Assisted […]...
- English for Book Keeping and Financial Administration Использование лексического подхода очень важно в изучении специализированного английского. Часто возникают сложности с переводом терминологии, необходимой в различных областях знаний. Для того чтобы облегчить изучение языка, ниже приведена лексика по теме «Английский для бухгалтерского дела и финансового администрирования», включающая порядка 200 единиц. Accelerated depreciation Нелинейный метод начисления амортизации Account book Журнал бухгалтерского учета Accounting — […]...
- Биография Бейба Рута на английском языке, Babe Ruth George Herman Ruth, , better known as Babe Ruth and also commonly known by the nicknames The Bambino and The Sultan of Swat, was an American baseball player and United States national icon. He was one of the first five players elected to the Baseball Hall of Fame and he was the first player to […]...
- Profit and its price. Доход и его цена Can businesses do anything they want to make a profit? That is a complex and controversial issue. Some people think that businesses should do anything they can to make a profit, while other people believe that businesses should be honest while making a profit, not only for themselves but also for the community. I agree […]...
- English for Logistics Использование лексического подхода очень важно для изучения специализированного английского. Часто возникают сложности с переводом терминологии, необходимой в различных областях знаний. Для того чтобы облегчить изучение языка, ниже приведена лексика по теме «Английский для логистики», включающая порядка 200 единиц. A nonstop flight Беспосадочный полет Actual time of departure Фактическое время вылета Advance freight — prepaid freight […]...
- Биография Winston Churchill The Right Honourable Sir Winston Leonard Spencer-Churchill, KG, OM, CH, FRS, PC was a British statesman, best known as Prime Minister of the United Kingdom during the Second World War. At various times a soldier, journalist, author and politician, Churchill is generally regarded as one of the most important leaders in British and world history. […]...
- Биография Michael Jackson, биография Майкла Джексона Michael Joseph Jackson, is an American singer, songwriter, record producer, actor, and philanthropist. He began his career as the lead singer of the Motown act, The Jackson 5, in the 1960s, and made his first solo recordings in 1971 as part of the Jackson 5 franchise. Jackson began a full-fledged solo career in 1979 and […]...
- Modern technology is creating a single world culture. Современные технологии создают общую культуру для всего мира I strongly agree with the statement that modern technology is creating a single world culture. Modern technology like computers and the Internet is bringing people together, and making the world smaller. First of all, with the development of modern technologies such as computers, English is becoming the most important language in the world, and the […]...
- Биография Эдди Мерфи на английском языке, Eddie Murphy Edward «Eddie» Regan Murphy is an American comedian, singer and actor. Murphy began his comedy career at the young age of 19, as a performer on NBC’s Saturday Night Live television show after graduating from Roosevelt Junior-Senior High School. His characters include a parody of Buckwheat from the Little Rascals and of Fred Rogers. Former […]...
- Биография Элвиса Пресли на английском языке, Elvis Presley Elvis Aron Presley, also known as The King of Rock and Roll or The King, was an American singer and actor. Early in his career he was referred to as The Hillbilly Cat. Later, his friends referred to him as «E». Rolling Stone magazine said «Elvis Presley is rock ‘n’ roll» and called his body […]...
- Биография Mark Twain, биография марка твена Samuel Langhorne Clemens, better known by his pen name Mark Twain, was a famous and popular American humorist, novelist, writer and lecturer. At his peak, he was probably the most popular American celebrity of his time. William Faulkner wrote that Twain was «the first truly American writer, and all of us since are his heirs». […]...
- Биография Христофора Колумба на английском языке, Christopher Columbus Christopher Columbus was an explorer and trader who crossed the Atlantic Ocean and reached the Americas on October 12, 1492 under the flag of Castile. History places a great significance on his landing in America in 1492, with the entire period of the history of the Americas before this date usually known as Pre-Columbian, and […]...
- Биография Madonna, биография певицы Мадонны Madonna Louise Veronica Ciccone, principally known by her first name, is an American pop singer, composer, actress, dancer, author, activist, and fashion icon. She rose to prominence in the 1980s, and has become the most successful female solo artist of all time, according to Guinness World Records. Madonna was born in Bay City, Michigan, to […]...
- Биография Доктора Сеусса на английском языке, Dr. Seuss, биография английского писателя Dr. Seuss is the pen name of Theodor Seuss Geisel. He was a famous American writer and cartoonist best known for his children’s books. Life and Work. Geisel was born in Springfield, Massachusetts. He graduated from Dartmouth College in 1925, where he was a member of Sigma Phi Epsilon, the Casque & Gauntlet Society, and […]...
- Irish and America The American connection is based on such enormous numbers of Irish men and women making their way to the New World for so many different reasons that nobody is quite sure of the actual numbers involved. It is estimated that in the period between 1717 and 1775 something like a quarter of a million Ulstermen […]...
- Биография Bob Dylan Bob Dylan is a highly influential American songwriter, musician, and poet. Much of Dylan’s best known work is from the 1960s, when he became a documentarian and reluctant figurehead of American unrest. Many involved in the civil rights movement found an anthem in his song «Blowin’ In The Wind». Millions of young people embraced «The […]...
- Work at a big or a small company? Работа в большой или маленькой компании? Each year, millions of students graduate from schools and join the army of people seeking for jobs. Many of them aim at getting a position in a large and outstanding company that often means higher income on average and good fame. Walking in and out the high buildings in downtown areas and wearing professional clothes […]...
- Биография Mohandas Gandhi, биография махатма ганди Mohandas Karamchand Gandhi was a national icon who led the struggle for India’s independence from British colonial rule, empowered by tens of millions of common Indians. Throughout the struggle he opposed any form of terrorism or violence, instead using only the highest moral standards. Early life. Mohandas Karamchand Gandhi was born into a Hindu family […]...
- Английские тексты топики, A sense of adventure — Ощущение приключения In our time, life is not so interesting and exciting as it can be. The world has become a bland and safe place. Each day is like another and we are so tired of such a life. People in the past used to risk their life by hunting animals, taking part in expeditions. We need […]...
- Цепочка существительных / Translating Noun Chains Цепочка существительных — это вид словосочетания, представляющий собой ряд трех или более существительных, определяющих одно понятие. В таких словосочетаниях главное существительное, выполняющее непосредственно функцию существительного, стоит всегда в конце цепочки, а все предшествующие слова, связанные с ним, являются определениями. В начале словосочетания, как правило, стоит артикль или другой определитель. Впервые понятие Noun chain было введено […]...
- Биография Bill Gates, биография Билла Гейтса William Henry Gates III, KBE, commonly known as Bill Gates, is an American businessman and a microcomputer pioneer. Along with others, he wrote the original Altair BASIC interpreter for the Altair 8800 . With Paul Allen, he co-founded Microsoft Corporation, and is now its chairman and «Chief Software Architect». According to Forbes magazine, Gates is […]...
- English for Sales and Acquisitions Использование лексического подхода очень важно для изучения специализированного английского. Часто возникают сложности с переводом терминологии, необходимой в различных областях знаний. Для того чтобы облегчить изучение языка, ниже приведена лексика по теме «Английский для продаж и приобретений», включающая порядка 200 единиц. Actual price Фактическая цена Agency contract Агентский договор Agreed price Договорная цена All-in price Полная […]...
- Биография Аврил Лавин на английском языке, Avril Lavigne Avril Ramona Lavigne is one of the most popular new pop punk singer/songwriters of recent years with eight hit singles and two world-wide number-one albums to her credit, and is well-known for her «skater punk» persona. Born in Belleville, Ontario to conservative Franco-Ontarian Catholic parents, Lavigne grew up in Napanee singing country music and in […]...
- The Carpet Fitter Eddie was a carpet fitter, and he hated it. For ten years he had spent his days sitting, squatting, kneeling or crawling on floors, in houses, offices, shops, factories and restaurants. Ten years of his life, cutting and fitting carpets for other people to walk on, without even seeing them. When his work was done, […]...
- Do you spend money or save? Вы тратите деньги или собираете? When I am economically independent, I will choose to enjoy the money I earn instead of saving it for some time in the future. Life is a process of consuming; and we are growing old day after day. So why not taking advantage of being young to enjoy yourself fully, deeply and truly with money […]...
- Do starts deserve high salary? Заслуживают ли звезды высокие зарплаты? Everyone needs money to support his family and enjoy life. I believe that is one of the most important reasons why people go to work. While an average person just earns basic salary, some famous athletes and entertainers earn millions of dollars every year. Why is that so? Do these people deserve such high salaries? […]...
- A high-paying job or quality spare time? Высокооплачиваемая работа или качественное свободное время? Some people may prefer to have a lower-paying job as long as the job asks for shorter working hours so they can have more free time spending with their friends and family. However, I would rather be given a higher-paying job with longer hours, even if I would have little time with my friends and […]...
- Биография Usher, биография ашера Usher is an African-American singer and actor. He has been a popular R&B and pop music performer since the early 1990s. By the 2000s, Raymond was among the most popular performers in his genre, and achieved significant sales and chart success from his albums and singles. Usher is beloved in the gay community. After a […]...
- Charles Dickens — Чарльз Диккенс In 2012, the whole civilized mankind will mark the 200th anniversary since the birthday of the world-famous English novelist Charles Dickens. He was one of the brightest representatives of critical realism in English and world literature and showed the many-sided life of English society of his time. His books gained an enormous popularity all over […]...
- St. Petersburg — Санкт-Петербург, английский топик санкт петербург Saint Petersburg is the second largest city in Russia and one of the most beautiful cities in the world. It was founded in 1703 by Peter the Great as the window to Europe. Thousands of workmen were brought from all parts of Russia to build a new city on the swampy land at the mouth […]...
- Sports in the world — Спорт в мире Britain is a country where leisure time and the sporting life are taken seriously. There is widespread interest in most kinds of sport throughout Britain. The British invented the rules of many of the sports and games now played all over the world. The game of football or soccer was first played in Britain and […]...
- Биография Martin Luther King The Reverend Martin Luther King, Jr. Ph. D., was a Nobel Laureate, Baptist minister, and African American civil rights activist. He is one of the most significant leaders in U. S. history and in the modern history of non-violence, and is considered a hero, peacemaker and martyr by many people around the world. King was […]...
- Pulp Friction Every second, 1 hectare of the world’s rainforest is destroyed. That’s equivalent to two football fields. An area the size of New York City is lost every day. In a year, that adds up to 31 million hectares — more than the land area of Poland. This alarming rate of destruction has serious consequences for […]...
- English as a world language — Английский как всемирный язык Today, when English is one of the major languages in the world, it requires an effort of the imagination to realize that this is a relatively recent thing — that in Shakespeare’s time, for example, only a few million people spoke English, and the language was not thought to be very important by the other […]...
- Future Life. Жизнь в будущем Can you imagine what our lives will be like in the year 2050? Perhaps you will be flying off for a holiday on the moon, or maybe you will be taking your dog for a walk in the virtual reality. We recently carried out a survey of 1,000 people from different countries to find out […]...
- Биография Jessica Simpson, биография Джессики Симпсон Jessica Ann Simpson is an American pop singer who rose to fame during the late 1990s. She has starred with her husband Nick Lachey in the MTV reality show Newlyweds, released her own line of beauty products called Dessert, and has also started a career as an actress. Early life and career. Simpson was born […]...
- TV in my life — Телевизор в моей жизни TV is very important thing in our life. We can say that TV is our eyes because TV helps us to know more about the world, about the others counties, about the events that happened in the world. TV even helps you to know more about yourself. I like to watch TV very much. I […]...
- Life of Youth In Great Britain and the USA. Жизнь молодежи в Великобритании и США Our youth is mostly similar to the youth abroad in many aspects of life. Numerous youth organizations have been formed since the Second World War, uniting young people from all classes and sections of the population. In the USA exists a Young Republican Federation, Young Christian Association, some religious organizations for Jewish youth. Youth organization […]...
- Топик на немецком: Люди и телевидение (рассказ, текст с переводом) The television has become an integral part of human lives comparatively long ago. First experience on the transmission of a moving image took place in Russia in 1907.In 1923 the first television net appeared in the USA. Since the time television has been developing intensively. And even though now it is tending to lose its […]...
- Making plans for free time. Составление планов на свободное время In my opinion it is always better to plan our free time because although it is considered leisure time but some people might need it to get certain things done that could not have been finished if they were left to be done another time. Probably for most grown-ups free time is only during their […]...