Can someone briefly explain the procedure that enables an individual/firm to trade in the FOREX market?

Posted by admin under Economics

quatre asked: and how are profits / losses calculated for a trade in the FOREX?

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Countries with high trade decifit shouldn’t have low forex?

Posted by admin under Economics

binocular222 asked: If EX

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Is there any intelligence to trading FOREX or is it merely subject to interbank flows and basic supp/demand?

Posted by admin under Economics

nomethinks asked: How can one trade forex in a manner that least resembles gambling– over what period of time can one see some logic to a forex trade?
Who are the main players that govern the price levels of currency and what effects do individual traders have?
how do hedge funds trade currencies?
Does technical analysis really work? [...]

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why is it in the interest of developing countries to have high forex reserves ?

Posted by admin under Economics

abhi s asked: (high forex reserves)especially in the event of the financial crisis?
also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency weak?

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