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This forex course basics section covers the forex dealing jargon used in conversations among forex market participants.   People that trade currencies for a living have their own verbal shorthand for transacting trades. Also, although most transactions take place electronically, many professional traders still rely on interpersonal contact to get a more accurate “feel” for […]

This forex course basics section covers the currency codes and nicknames used in the forex market.   As in any large financial market, the forex market has its slang terms and nicknames for currencies, exchange rates and other elements relevant to trading in the forex market.   Also, the currencies of the world each have […]

This forex course basics section covers the currencies traded in the forex market.   The most actively traded currencies in the foreign exchange market today roughly reflect the commercial and trade activities of the nations involved.   Accordingly, the most commonly traded currencies tend to be from major, developed nations. These national currencies account for […]

This forex basics section covers the impressive size of the forex market, who participates and the role of the US Dollar.   The international currency market or foreign exchange market makes up the biggest single capital market on the planet. On average, trading in the forex market amounts to a total dollar value of over […]

This forex course basics section covers the nature of more exotic foreign exchange derivatives traded in the OTC market. The forex market continues proving itself to be an innovator in developing new types of derivative products for hedgers and trader to use to manage and take foreign exchange risk.   Most of these derivatives, such […]

This forex course basics section covers the nature of forward foreign exchange transactions and the forward market. The term “Foreign Exchange Swap” refers in the forex market to a “two-legged” or two part currency exchange transaction. Swap trades are typically used by forex traders to “swap” or shift a foreign exchange position’s value date to […]

Description: This forex course basics section covers the nature of currency option transactions and the currency options market. A currency option is a foreign exchange derivative product which gives the holder the “option” or right, but not the obligation, to buy or sell one currency against another in a forex transaction at a preset rate. […]