Forex Basics: An Exchange Rates Tutorial
Profits are gained and lost on the foreign exchange, or ‘Forex’, market due to fluctuations in the exchange rate This fact may seem like common knowledge, but one should not take for granted how exchange rates are determined There is actually a very rich history behind the concept of the exchange rate, and it is important that you understand why things came to be as they are — as well as how to capitalize on that knowledge…

