What is Forex
Forex mercantilism is mercantilism currencies from completely different countries against one another . Forex is associate inter-bank market that took form in 1971 once world trade shifted from fastened exchange rates to floating ones. This is a collection of transactions among Forex market agents involving exchange of such sums of cash during a currency unit of any given nation for currency of another nation at associate united rate as of any such date. rupee into usd During exchange, the exchange rate of one currency to another currency is determined simply: by supply and demand - exchange to which both parties agree. Actually Forex is that the money game between BULLS and BEARS. The Major currencies pairs are: EUR/USD GBP/USD USD/JPY USD/CHF USD/CAD AUD/USD And these are the...