Currency exchange is very attractive for both the corporate andindividual traders who make money on the Forex - a special financialmarket assigned for the foreign exchange. The following featuresmake this market different in compare to all other sectors of theworld financial system:• heightened sensibility to a large and continuously changingnumber of factors;• accessibility to all traders in the major currencies;• guaranteed quantity and liquidity of the major currencies;• increased consideration for several currencies, round-the clockbusiness hours which enable traders to deal after normal hours orduring national holidays in their country finding markets abroad openand• extremely high efficiency relative to other financial markets.This goal of this manual is to introduce beginning traders to all theessential aspects of foreign exchange in a practical manner and to bea source of best answers on the typical questions as why are currencies being traded, who are the traders, what currencies dothey trade, what makes rates move, what instruments are used forthe trade, how a currency behavior can be forecasted and where thepertinent information may be obtained from. Mastering the content ofan appropriate section the user will be able to make his/her owndecisions, test them, and ultimately use recommended tools andapproaches for his/her own benefit.
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