Want this question answered?
6.30pm
Currencies are bought and sold on the open market - just like other commodities. The more popular a currency is - the higher the selling price will be.
Trading commodities is a fairly simple process. Commodity trading is like any other business. You need to know your market. You will need to provide a proof of identification and address and almost certainly a photographic proof of identification in order to complete registration with a broker and open a beneficiary account.
One carries out currency trading on the Foreign Exchange market (Forex) for the purpose of making money. This is a speculative process as one is betting on the movement of the currency. It is the largest financial market in the world. The market is open 24 hours a day, there are much fewer rules than with the stock market and there are no commission charges. To start trading one must open an account with a Foreign Exchange Broker either online or in person. There are a wide variety of brokers available.
Economic equilibrium is deemed to have been achieved when, theoretically, the demand for goods and services by consumers is about equal with the supply of those goods and services into the economy by the suppliers. This is generally considered to have been achieved when market prices for most commodities stabilize, with little change. When equilibrium is achieved, inflation in the market is marginal.
yes ,I think so
6.30pm
The foreign exchange (forex) market is open 24/7 Mon-Fri.
South Pacific Stock Exchange South Pacific Stock Exchange - Fiji
An auction market in which participants buy and sell commodity/future contracts for delivery on a specified future date. Trading is carried on through open yelling and hand signals in a trading pit.
The pre-market session is the time period between 2 AM and 9:30 AM ET in the US. The markets open at 9:30 AM ET. Most stocks have a pre-market session, but it is never graphed or recorded. The pre-market session is a very risky investment. CNBC goes into some detail with the pre-market. The three major indexes (Dow Jones Industrial Average, S&P 500, and the NASDAQ) have future sessions. These are speculating where the markets will open. There is also a value called the "Fair Value". This is a sort of multiplier. It doesn't change after it is posted and can have a major move on the future markets. For example, if the FV is +2.5 and the market future value is +1 then the market will open down 1.5 points. On that same note, if the FV is -5.5 and the market future value is +2, the market will open +7.5.
Online foreign exchange trading works in a simple fashion. One purchases (or sells) a foreign exchange pair, e.g. EUR/USD via a broker on the exchange. The market that is traded on depends on which markets are open. The biggest exchange in terms of volume is the London market.
Currencies are bought and sold on the open market - just like other commodities. The more popular a currency is - the higher the selling price will be.
9:00 am local time is when the stock exchange opens in Paris. The name of the market is Euronext Paris (EPA).
An auction market in which participants buy and sell commodity/future contracts for delivery on a specified future date. Trading is carried on through open yelling and hand signals in a trading pit.
One can open up commodities trading accounts through a brokerage firm. It may cost per trade however it will be safe to keep all commodities in one place, one account.
The UK stock market opens at 8:00 and it closes at 16:30. The London Stock Exchange has the fourth largest market capitalization of all stock markets.