exchange

How to make money ONLINE with currency converter and currency exchange - What is Forex?

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if you have ever traveled to a foreign

country you may have needed to exchange

your money if so you've already

participated in forex trading Forex is

the short form of foreign exchange

well Forex is a bit more than that

for example companies buy goods from

other countries in order to buy them

they need to obtain the local currency

first just like us when going on holiday

the difference is they will exchange

huge amounts when these companies

exchange these huge amounts they will

actually move the price because the

demand for the currency that they need

increases when the demand increases the

price increases with all this exchanging

going on around the world the exchange

rates constantly move this is how it

works when currencies are exchanged they

have a certain price the exchange rate