what do u mean by forex market in detail?
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This entry was posted on Monday, March 31st, 2008 at 11:32 am and is filed under forex trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
March 31st, 2008 at 11:32 am
Forex market is foreign exchange market. Its a market where you can buy or sell foreign currencies. There is a sell and buy quote.
for a particular currency. If you are using pounds to buy dollars
The sell quote is higher than the buy quote, which means that if you sell you get less and if you buy you have to pay more. The difference is the dealers profit.