tag:blogger.com,1999:blog-21515044652320722972009-02-20T20:19:02.162-08:00fin63lilutannoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2151504465232072297.post-71235280154999105902008-01-17T13:27:00.000-08:002008-01-17T13:30:03.484-08:00A BRIEF HISTORY OF THE FOREXIn theory, foreign exchange dates back to ancient times, when traders first began exchanging coins from different countries and groups. However, the foreign exchange industry itself is the newest of the financial markets. In the last hundred years, the foreign exchange market has undergone some dramatic transformations. In 1944, the postwar foreign exchange sys-tem was established as a result of lilutannoreply@blogger.com0tag:blogger.com,1999:blog-2151504465232072297.post-15303376186799187712008-01-16T11:21:00.000-08:002008-01-16T11:23:28.189-08:00FOREX DEFINEDFOREX is the acronym for the foreign exchange market, where one coun-try’s currency is exchanged for that of another through a floating-exchange-rate system. It is the world’s largest financial market, with an estimated daily average turnover of upwards of $2.5 trillion. FOREX trading is not bound to any one trading floor and is not a mar-ket in the traditional sense because there is no central lilutannoreply@blogger.com0tag:blogger.com,1999:blog-2151504465232072297.post-34556169613946695242007-12-23T09:05:00.001-08:002007-12-23T12:34:03.658-08:00HelloTechnorati Profilelilutannoreply@blogger.com0