Trading Forex is an exciting adventure. The market is always on the move, and every
tiny shift in currency rates can mean a profit of hundreds and even thousands of
dollars!
Let's demonstrate how that can happen:
Forex trading is always done in pairs, since any trade involves the simultaneous
buying of a currency and selling of another currency. The trading revolves numerous
currency pairs.
In general, the eight most traded currencies on the Forex market are:
|
USD
|
U.S. Dollar
|
|
EUR
|
Euro
|
|
GBP
|
British Pound
|
|
JPY
|
Japanese Yen
|
|
CAD
|
Canadian Dollar
|
|
CHF
|
Swiss Franc
|
|
NZD
|
New Zealand Dollar
|
|
AUD
|
Australian Dollar
|