The foreign exchange market (forex)

The foreign exchange market (forex) or abbreviated exchange is a type of trading or currency trading transactions of a country against another country's currency (the currency pair / pair) that involves major financial markets in the world for 24 hours continuously.

Rotating movement of the foreign exchange market from New Zealand and Australia market which took place at 05:00 to 14:00 pm, continued into the Asian markets of Japan, Singapore, and Hong Kong which took place at 07:00 to 16:00 pm, to European markets, namely Germany and the UK which took place at 13.00 -22.00 pm, up to the U.S. market which took place at 20:30 to 10:30 pm. In its historical development, the central bank's countries with foreign exchange reserves that can be defeated by even the largest foreign exchange market forces are free.

According to the survey BIS (Bank for International Settlements, the world's central bank), conducted in late 2004, the foreign exchange market transactions 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 on investment or return on investment) and profit to be gained could exceed the average trade in general. As a result of such rapid movements, the foreign exchange market also has a high risk.