User Name: Password:      Register - Lost password?

Forex News Blog
Back to The Headlines
Wednesday April 15, 2020 - 00:51:11 GMT
Global-View.com - www.global-view.com

Share This Story:
| | Email

The "For"1-1 on Forex

(Photo by Pepi Stojanovski on Unsplash)

The world is changing at a dizzying rate.

In light of the COVID-19 pandemic, millions of people are discovering the wonders (and pains!) of working from home. A global, remote workforce has now become more of a reality than ever. Thankfully, this changing work environment means more diversified career options as well, with some of these options having been around for a while now.

Does the word ‘Forex’ ring any bells? You’ve probably heard or read about it in passing. Forex is a portmanteau for ‘foreign exchange’, and in layman’s terms, it’s essentially trading foreign currencies against one another in a global market.

Forex isn’t your average market, though; the marketplace is open 24 hours, five and a half days a week, and is completely decentralized. This decentralization means that when one market is closing in one time zone, another is either still running or just opening. In this sense, the Forex market has a strangely timeless and immaterial quality to it, which is why it’s so attractive to prospective traders around the world.

Unlike the traditional markets, such as the NASDAQ and NYSE, Forex has only been around since the early ’70s. Keep in mind this is well before the dawn of the World Wide Web, so naturally, the Forex market has seen massive changes since then. However, the concept of trading foreign currencies existed well before all these markets were around, about 500 years ago in Amsterdam. This foreign currency trading helped stabilize currency exchange rates, thereby facilitating international trade and cultivating an environment conducive to foreign trade.

What makes the modern-day Forex market so attractive is that individuals can trade on their own through banks or secondary markets created by brokers. Before the explosion of the internet, multinational corporations, hedge fund managers, and -illionaires were the only people engaging in foreign currency trading, and often at a much slower rate than today’s trading. Individual trading also mitigates loss and damage to the global market, as blunders are not suffered as a whole by a bank or corporation, but broken up into much smaller, individual losses instead.

However, many Forex traders are not merely in it for the lucrative wealth-building, but humanitarian reasons as well. This philanthropic aspect of Forex is another reason why trading may appeal to prospective traders with charitable aspirations. Forex traders have founded several non-profit organizations and charities with different missions. Some organizations focus on educating young traders who may otherwise lack resources, while specific charities may donate the bulk of their Forex earnings to helping those in need. No matter how you slice it, the ever-shifting Forex world does a lot of good.


That’s not to say that the traders who operate these philanthropic entities don’t run into problems, though. And for those who do encounter such problems, firms like Cohen Schneider Law exclusively cater to non-profits and charities in need of establishing organizational policies that comply with the law and help these entities achieve tax exemption status. Visit their website today for more information on their services.

 

 

 

Forex Trading News

Forex Research

Daily Forex Market News
Forex news reports can be found on the forex research headlines page below. Here you will find real-time forex market news reports provided by respected contributors of currency trading information. Daily forex market news, weekly forex research and monthly forex news features can be found here.

Forex News
Real-time forex market news reports and features providing other currency trading information can be accessed by clicking on any of the headlines below. At the top of the forex blog page you will find the latest forex trading information. Scroll down the page if you are looking for less recent currency trading information. Scroll to the bottom of fx blog headlines and click on the link for past reports on forex. Currency world news reports from previous years can be found on the left sidebar under "FX Archives."



Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex