Forex is the largest market in the world with an estimated daily trading volume of $ 6 trillion. SVFX – The Way of Financial Freedom
The Forex is a network of 1000’s of banks in the world with no central location. There’s nobody in charge SVFX – The Way of Financial Freedom
The primary function of the Forex is to determine the fair value of a currency.
SVFX – The Way of Financial Freedom If you were from the US and traveled to JAPAN to explore the countryside you’d need their local currency to buy things.
SVFX – The Way of Financial Freedom So you’d go to a bank or an exchange office and trade your US dollar to Yen.
SVFX – The Way of Financial Freedom How would you know what a fair rate of exchange is? How do they know they’re not giving you too much? How do you know you are getting enough? HOW ?
SVFX – The Way of Financial Freedom There’s only one way to know and that’s by looking at the rate of exchange in the Forex market.
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