Forex Trading  All about a Forex Quote. The word FOREX is derived from the words foreign exchange. Unlike other financial market in the world, Forex is open 24 hours every day where there is always a major financial center open where banks, dealers, hedge funds, corporations, individual investors and speculators are trading currencies.

The cumulative buy and sell of a currency causes the value of your Forex investment to move either up or down. There are numerous factors that cause the fluctuation of exchange rate. A countrys political, social and fundamental economic environment and their central banks fiscal policy, interest rate adjustment are some of the common factors. To have a better understanding how the currency exchange rate can affect the value of your Forex investment, this article will concentrate on the topic of Forex Quote.

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My purpose for writing this article is to demonstrate to you the advantages of trading on the FOREX market.  However, there is one myth that I want to dispel before I go further.  The myth is that there is a difference between trading and investing.  To dispel that myth I quote from Al Thomas, President of Williamsburg Investment Company, who wrote “If It Doesn’t Go Up, Don’t Buy It”.  He said “Everyone who invests is a trader, only the time period is different.” Read the rest of this entry