Currency exchange market called FOREX is the largest financial market in the world today. As it is announced by the Bank for International Settlements, which carries out monitoring of all the activities on the currency money market, average daily value money market funds of transactions only at the April 2007 amounted 3,2 trillions of US dollars, from which more than one trillion was the share of spot transactions.
When purchasing currency at one price and subsequent selling at the other, profit or loss amounts difference between the price of selling and the price of buying multiplied by the sum of transaction.
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Any currencies money market are the goods and there is always demand for and supply of them, and today, in our age of globalization the currency becomes one of the most needed goods on the world market. That is why FOREX trading assumes ever greater popularity, because it is one of the most profitable kinds of activity. FOREX trading is based on the differences between rates of currencies at different moments of time.
