Forex stems from the past . Forex has a very long way in the past . When traced , forex transactions stems from trade commodities such as gold , rice , corn , soybean , and so forth . For currency transaction itself , as now, the market has evolved .
Broadly speaking , the rapid evolution of the Forex market to what it is today can be divided into four stages , namely :
1 . Gold standard period , 1980 - 1914
2 . Period of World War I , 1919 - 1939
3 . Bretton Woods period , 1946 - 1971
4 . Floating Exchange Rate Period , 1971 - Now .
But the biggest change in the core of the forex market is divided into two stages of the first period and the Fixed Exchange Rate Floating Exchange Rate Period . While the period of the gold standard during the period of the World War I and the Bretton Woods period , categorized as the fixed exchange rate period . Which makes it less attractive to the fixed exchange rate period is at this stage , when the forex transaction is not exciting because of exchange rate changes can only occur with a relatively narrow range . Therefore, the exchange rate set by the state government ( by agreement ) with a certain amount of gold values .
After the end of the Bretton Woods period , when the failure of a fixed exchange rate period in maintaining economic stability in the foreign exchange trading began passionately . This occurs because the assessment of the exchange rate between currencies has been left entirely to the market mechanism . The market will then determine whether the exchange rate is too high ( over- valued ) or too low ( under- valued )
Currently the forex market open to anyone who would like to participate because it's easy , can be done anywhere and anytime . With a capital computer connected to the Internet , you are able to perform transactions in the forex business be it at home , office , or at the hotel as possible.
Forex trading is the largest market in the world measured by total value of the transaction . With such large transactions daily volume reached $ 4 trillion per day , it certainly offers a huge advantage as well and is one of the exciting opportunity to earn income online .
Many market players who earned his wealth coffers of forex . And that's only natural because forex is a very promising business , which is important in the management of professional and structured . And not to be proficient economics that can be very complex to achieve a profit in forex .
Such is a brief history about Forex Trading . Hopefully can add insight in the world of trading .
Broadly speaking , the rapid evolution of the Forex market to what it is today can be divided into four stages , namely :
1 . Gold standard period , 1980 - 1914
2 . Period of World War I , 1919 - 1939
3 . Bretton Woods period , 1946 - 1971
4 . Floating Exchange Rate Period , 1971 - Now .
But the biggest change in the core of the forex market is divided into two stages of the first period and the Fixed Exchange Rate Floating Exchange Rate Period . While the period of the gold standard during the period of the World War I and the Bretton Woods period , categorized as the fixed exchange rate period . Which makes it less attractive to the fixed exchange rate period is at this stage , when the forex transaction is not exciting because of exchange rate changes can only occur with a relatively narrow range . Therefore, the exchange rate set by the state government ( by agreement ) with a certain amount of gold values .
After the end of the Bretton Woods period , when the failure of a fixed exchange rate period in maintaining economic stability in the foreign exchange trading began passionately . This occurs because the assessment of the exchange rate between currencies has been left entirely to the market mechanism . The market will then determine whether the exchange rate is too high ( over- valued ) or too low ( under- valued )
Currently the forex market open to anyone who would like to participate because it's easy , can be done anywhere and anytime . With a capital computer connected to the Internet , you are able to perform transactions in the forex business be it at home , office , or at the hotel as possible.
Forex trading is the largest market in the world measured by total value of the transaction . With such large transactions daily volume reached $ 4 trillion per day , it certainly offers a huge advantage as well and is one of the exciting opportunity to earn income online .
Many market players who earned his wealth coffers of forex . And that's only natural because forex is a very promising business , which is important in the management of professional and structured . And not to be proficient economics that can be very complex to achieve a profit in forex .
Such is a brief history about Forex Trading . Hopefully can add insight in the world of trading .
| Related Keywords: |
| australian forex trading, singapore forex trading, online brokers, stock and trade, forex trading platform, discount brokerage, forex trading platforms, online forex trading platforms, spread trading, trade stocks, foreign exchange trading, forex trading in singapore, stock trading company, forex trading demo, talking forex, stock day trading, forex trading courses, trade forex online, forex trading broker, best forex trading software |
Written by Unknown
We love the world of forex. Sharing information about forex is our way of showing happiness. Therefore we made a "Campus of FOREX" as a portal to learn forex.
Forex is not something to fear, but fear when you are not able to control yourself in the forex or whatever. When profit in forex it becomes your personal responsibility, and when you lose in forex it also becomes your personal responsibility. Forex simply as a facility to achieve financial freedom, no more no less. Forex is a place to think realistically.
Being successful in forex, it means you are committed to establish a disciplined and thoughtful character. Forex may be the best mirror of your true character. Forex is just forex.
Happy reading.
0 comments:
Post a Comment