4 - Money, Foreing exchange, Finance

• What does Forex stand for? It refers to Foreing exchange.

• What does Forex refer to? It is the comparison of the value of the official currency of a country different from the country of origin.

• What is Forex trading? Is the purchase or sale of coins. Its objective is the flow of international trade operations and movements in international financial markets.

• What does Forex trading market refer to? it is about changing, negotiating and maintaining the flow of money around the world.

• How does the foreing exchange work? The price is determined by the exchange rate, and it varies according to the demand for the currency, for this reason prices go up and down every day.
  For example, if many people are interested in buying dollars, the price of the dollar will rise, and this will happen with the demand for any other currency.

• What do people trade? Currencies

• How do people trade? There are a wide variety of participants in this market, from central banks to individuals.

• What is a currency-pair? It is the value of one currency against another.

• What makes currency- pairs move? The currency pairs will move if the base currency weakens or gets stronger.