| GLOBAL CURRENCY EXCHANGE | ||||||||||||||||||||||||
| World Leader In Forex Trading | ||||||||||||||||||||||||
|
|
SITE UNDER CONSTRUCTION global currency | |||||||||||||||||||||||
| Helping you make the best of your investments | ||||||||||||||||||||||||
|
|
What is Forex? Global Currency Exchange Changing the Way the World Invests Investing In Foreign Currency. A global economy creates unprecedented opportunity. New Markets are emerging and expanding to a size not seen before. Among the most dynamic of the markets opening up to investors is the Foreign Exchange Market (FOREX)- the largest marketplace in the world. Unless you are among the rare handful of Americans who have opened a foreign bank account or purchased foreign securities, you probably do not consider yourself to be a currency investor. But you are, whether you realize it or not! Every time you make an investment, or even a product purchase, you have become a currency investor. Everything you own in US Dollars. By holding dollars, you have chosen not to own British Pounds, German Marks, Swiss Francs, or Japanese Yen. By investing in, and with , the US currency, each of your transactions immediately becomes dependent on the value of the dollar. For the past twenty years, that fact may have cost you more than you realize. Many prudent people think of foreign currencies as "risky". But holding U.S. Dollars comes with risks, too. Whenever the Dollar falls, your earnings and purchasing power shrinks . In the last two decades, the Dollar has lost up to 75% of the value it once had against the Swiss Franc, Japanese Yen, and the German Mark. Opportunities in Foreign Currency Exchange The FOREX market has vital implication for the economic prospects of the countries concerned and the general prosperity of the free world economy. Why? Some $1.4 Trillion worth of international Currencies are brought and sold every single trading day. This volume of trade is equivalent to over two months of trading on the New York Stock Exchange. With the aid of sophisticated telecommunications and proven technical and analytical tools, currency trading is now accepted as an alternative investment vehicle by many corporations, institutions, including banks, multinationals, trading firms, and individuals. The following chart shows the regional breakdown of the currency market investment. London Calling: Reported foreign Exchange turnover. Who Trades Currencies? The FOREX market includes expert traders in cities around the world. Major commercial and international banks control a large majority of the trading. The market's other participants range from large multinationals and financial cartels, global money managers, registered dealers, International money brokers, futures and opinions traders down to speculators, import/export companies hedging futures/spot contracts, international travelers and the users of international money orders. About the Traded Currencies U.S. Dollar The relative strength of the Dollar is given by the U.S. Dollar Index. The Index is a statistical index that reflects the strength or weakness of the trend of the U.S. Dollar. The larger the index figure, the stronger the Dollar, or vice versa. The weakness of the Dollar over the last two decades is mostly attributable to the world's low opinion of fiscal U.S. policies resulting in large budget deficits. Deutschemark In order to finance the re-unification of Germany and to maintain a strong currency, the United Germany increased it's interest rates to counteract inflation caused by excessive domestic demand. As a member of the European Monetary Union (EMU), Germany has been the leader in guiding the development of European economies. Many economists believe that Germany has the strength to dominate the European economy. The Deutschemark is second only to the U.S. Dollar, representing approximately 25% of the international reserves. The USD/DEM is the most liquid and most traded pair of currencies. Like the U.S. Dollar, the Deutschemark has a strong international presence, although mainly focused on its fellow members of the European Monetary System. The seemingly smooth road toward economic integration of the system was derailed by German reunification, which gave the Deutschemark an unprecedented boost, as the world perceived Germany to be on its way to becoming an economic superpower. British Pound The British economy has been in a down trend for some years. It has been affected by inflation, high unemployment and union strikes. All of these had a significant impact on the exchange rate of the pound Sterling, which now accounts for 13% of the total world market. Commonly known as "Cable", this currency is heavily traded against the U.S. Dollar and Deutschemark but has a minimal presence against other currencies. The temporary bout with the Exchange Rate Mechanism had a soothing effect on the British Pound, as it had to generally follow the Deutschemark's fluctuations, but the crisis conditions under which the pound had to be withdrawn from ERM has had a psychological effect on the currency, as traders are more cautious. The Pound is sensitive to oil price gyrations. Swiss Franc Switzerland, The "Garden of Europe", is the neutral country amidst an arena of many different political rivals. It has a prosperous tourism industry and the world's most advanced banking system. During international turmoil or political unrest, the Swiss Franc becomes the "Safe haven" of choice, second only to the U.S. Dollar. Japanese Yen Since WWII, Japan has been focusing all its energy and resources on developing its economy. With unique tradition and management skills Japan has turned out to be one of the biggest economic powers in the world. Japan has a healthy economy: a high Gross National Product: political stability, and a constant surplus. Information If you would like more information regarding how you may invest in the FOREX trading market, please contact: Global Currency Exchange C/o Investment Opportunities Austin, TX 78750 Office (512) 918-1810 Fax (512) 918-1859 Trading Floor (512) 918-1811 | |||||||||||||||||||||||
| you will never make big money working for someone else | ||||||||||||||||||||||||
|
| Invest In Foreign Currencies and Let us help you make BIG MONEY!!!!
|
Favourite links
|
|
| ||||||||||||||||||||
|
This page has been visited
|