The progress of the Forex market is the direct result of the evolution history of currency and exchange in the world. The agreement set the "Bretton Woods" in the July 1944 price of $ 35 to U.S. ounces, as well as select other currencies to the dollar. In 1971, President "Nixon" to suspend the dollar link with gold, and allowed the floating of the dollar against other currencies. And so began the history of evolution and thus currency forex.
Date of coins dating back to the beginning of the Middle Ages. Have evolved with the development of securities trading by the traders international bankers. Stock trading accounted for these payments are converted from a third party, which led to the growth and facilitate flexibility in the process of trading in the Forex, which included foreign trades. It is clear that this part of the date of exchange is above the Forex market as we know it today.
Began when
Not the U.S. dollar is always the basis of currency trading, the currency began trading in pound sterling (GBP) as the currency trading by everyone for it.
This changed with World War II, Britain has been destroyed as a result of the war, and also the case for the value of its currency. The war and the fact that the United States is the largest country keeping its currency stable, and as a result the U.S. dollar is the currency leader. Was linked to the dollar value of gold at the time, and can now be relied upon even more. I have changed those days, of course, but in the history of these currencies were the foundations are important in the development of the forex trading markets.
Trading currency
Having concluded that "Nixon" correlation of world gold coins in the seventies, he began trading currencies because of the new situation. Everything was floating, and gained currency lost value and the free market.
The currencies are traded in the "CME" in the global financial market, and has become a huge market in commodities, but there was a sticking point, there were those who wish to trade currencies around the world, but global financial market was the only work during working hours for the Chicago Stock Exchange, and for this it was necessary to take the history of currency trading has given us another.
Beginning of Forex
Fluctuations in currency rates continued to attract traders and investors to the currency market. There was at times, huge swings, and a lot of movement taking place, and then came computers.
The use of computer in trading commodity of the most important influences in the history of currencies, has changed everything. Developed programs that make trading on the Internet free of impurities, and suddenly there is no limit. Can be a trader in Hong Kong that the trades in the same market and at the same time with the rolling of Miami.
The link between the traders from around the world has become possible thanks to computer technology, and traders became more sophisticated because of the evolution of technology, software and communication tools. And the result is the birth of the Forex market, and entered the history of currency trading with other new phase, a phase of currency trading at all time.
Date of coins dating back to the beginning of the Middle Ages. Have evolved with the development of securities trading by the traders international bankers. Stock trading accounted for these payments are converted from a third party, which led to the growth and facilitate flexibility in the process of trading in the Forex, which included foreign trades. It is clear that this part of the date of exchange is above the Forex market as we know it today.
Began when
Not the U.S. dollar is always the basis of currency trading, the currency began trading in pound sterling (GBP) as the currency trading by everyone for it.
This changed with World War II, Britain has been destroyed as a result of the war, and also the case for the value of its currency. The war and the fact that the United States is the largest country keeping its currency stable, and as a result the U.S. dollar is the currency leader. Was linked to the dollar value of gold at the time, and can now be relied upon even more. I have changed those days, of course, but in the history of these currencies were the foundations are important in the development of the forex trading markets.
Trading currency
Having concluded that "Nixon" correlation of world gold coins in the seventies, he began trading currencies because of the new situation. Everything was floating, and gained currency lost value and the free market.
The currencies are traded in the "CME" in the global financial market, and has become a huge market in commodities, but there was a sticking point, there were those who wish to trade currencies around the world, but global financial market was the only work during working hours for the Chicago Stock Exchange, and for this it was necessary to take the history of currency trading has given us another.
Beginning of Forex
Fluctuations in currency rates continued to attract traders and investors to the currency market. There was at times, huge swings, and a lot of movement taking place, and then came computers.
The use of computer in trading commodity of the most important influences in the history of currencies, has changed everything. Developed programs that make trading on the Internet free of impurities, and suddenly there is no limit. Can be a trader in Hong Kong that the trades in the same market and at the same time with the rolling of Miami.
The link between the traders from around the world has become possible thanks to computer technology, and traders became more sophisticated because of the evolution of technology, software and communication tools. And the result is the birth of the Forex market, and entered the history of currency trading with other new phase, a phase of currency trading at all time.
No comments:
Post a Comment