IndependentWe give a lot of emphasis on being independent, so we can highlight the positives and negatives of every broker, along with advice for traders so they have an edge on what broker to choose. I want to say a massive thank you to Trading101 for helping me resolve my Dispute. Dollar cruises to third weekly win whilst stocks bounce.The dollar cruised Forex 101Introduction to the ForexThe purpose of trading on any market is to buy low and sell high.
The foreign currency market FOREX is no exception. The goods traded on this market are rates of currencies of different countries. As any other goods the currencies have their prices.To settle transactions between businesses located in different countries, governments, speculative transactions and so forth, banks around the world execute currency trades on FOREX market.