Introduction to Forex Market

The Bretton Woods agreements of 1971 and the questioning of the system of fixed exchange rates allow the foreign exchange market to develop in the way we know it today.

Forex refers to foreign exchange market, and brokers and banks are connected every day through an electronic network that allows them to convert the currency of all countries.The forex market is the largest and most liquid financial market in the world. The volume of currency treaty $ per day is greater than 1900 billion USD.

Forex Treaty could be that central banks and commercial or investment banks, but that was before the internet makes this market accessible to private investors.The currency is treated the U.S. dollar, Japanese Yen, the Euro, the Pound, Swiss franc, Canadian dollar and Australian dollar. The Forex market 24/24, 5 days a week. It is not centralized in one physical location as is the case for other markets.