Friday, October 12, 2007

FOREX!! What’s that?

FOREX, ever heard that word before? You must have since its become a very popular marketplace online. Well anyways here it is, FOREX is the name given to the Foreign exchange market. Quite interestingly the first three letters of FOREIGN and the first two letters of EXCHANGE combined make up this new word FOREX.
Now that you know what FOREX stands for and that it is the Foreign Exchange marketplace, you probably will be thinking so what?? What’s the fuss all about? Get ready for this marketplace is BIG!!
The FOREX or the Foreign Exchange market is the biggest market in the world, it has a daily turnover of $1.5 trillion. Read that again, a DAILY turnover of $1.5 trillion, and at the same time it’s the only market that is predicted to keep increasing in size View the rest of this article


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