Foreign Exchange Market

Foreign exchange market is a type of trading or currency trading transactions of a country against another country's currency (the currency pair / pair) involving major financial markets in the world for 24 hours continuously.

Rotating movement of the foreign exchange market from the New Zealand and Australian markets which took place at 5:00 to 14:00 pm, continued into the Asian markets of Japan, Singapore, and Hong Kong, which took place at 7:00 to 16:00 pm, to the European markets of Germany and the UK which took place at 13.00 -22.00 pm, to the U.S. market which took place at 20:30 to 10:30 pm. In the development history, owned central bank reserves of countries with the largest foreign currency even be defeated by the power of free foreign exchange market.

According to the survey BIS (Bank for International Settlements, the world's central bank), which is conducted at the end of 2004, the foreign exchange market turnover reached more than USD $ 1.4 trillion per day. Given the level of liquidity and accelerating the movement of high prices, foreign exchange has also become the most popular alternative because the ROI (return off investment) and profits will get is more than the average trade in general. Due to the rapid movement, then the foreign exchange market also has a high risk.