www.linnemann-fx.com
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Central Bank Rates
USD 0.25%
GBP 0.50%
EUR 1.00%
CHF 0.25%
JPY 0.10%
AUD 4.75%
CAD 1.00%
NZD 2.50%
About Forex
FX, Forex or Foreign Exchange,
is all about exchange of currencies from one hand to another at an ongoing price.
Other factors like easy accessibility
through various means of communications has helped Forex to become one of the
most popularly invested financial markets.
Also acting as a huge attraction
is the high liquidity. The majority of currency pairs are incredibly liquid due
to the enormous daily amount of transactions.
Regardless the market is moving up or down, a trader is able to profit from any market situation by taking either a long or short position 24 hours per day.
Leverage allows Forex traders to control more currency in a trade than they have deposited in their trading account. This is where the real power of Forex trading lies.