Ashtown Investments
- Ethekwini, KwaZulu-Natal, South Africa
Ashtown Investments Employees
Ashtown Investments Details
What is Forex?Forex stands for foreign exchange, which is exchanging one currency for another. Yousell a currency and buy another currency, and once you do so you have essentiallyinvolved yourself in the Forex market.In Forex trading terms, assuming you're anAmerican visiting Japan, you've sold dollars and bought yen.The foreign exchange market, known as "Forex" or "FX," is the largest financial market inthe world. Compared to the measly $74 billion a day volume of the New York StockExchange, the foreign exchange market looks absolutely ginormous with its $4TRILLION a day trade volume.In general, the exchange rate of a currency versus other currencies is a reflection of thecondition of that country's economy, compared to other countries' economies.
