The Forex market was not available to everyone since it’s inception. In fact it has only been available to the public since 1998. The Internet brought the opportunity for everyone to get on there and trade on their own.
The Forex market is the largest trading market in the world and it is basically buying and selling the different currencies of the world. A typical Forex deal is made when one currency is bought and another is sold at the same time. Before Forex became available to the general public, trading was almost exclusively done by banks and other financial institutions.
Global trade has made countries more dependent on each other and the currencies interact much more than in the past. Economic fluctuations in different countries have an affect on all of the currencies. By following and analyzing the trends, someone could generate a tidy little profit by online trading on the Forex market but just as easily as it can go up, it can also go down.
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