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Trading currency in foreign exchange markets, or FOREX, the world’s largest securities market is available to anyone with small capital. The essence of foreign currency trading is simple. You buy one country’s currency with that of another country. If the exchange rate changes in your favor, you buy the original currency back at a profit.
Educate yourself on how the foreign exchange markets work…
The Bank of Korea has become the latest central bank to step into the money markets in a bid to stabilise its currency.
The Korean won has declined by 10% against the US dollar in the past month, and the bank said it was taking appropriate steps to stem the falls.
The move follows a similar action by the Indonesian central bank on Thursday to shore up the rupiah.
In the past few years, social networks have become very big business indeed. Sites such as Facebook, Twitter, and LinkedIn are now some of the most frequently used services on the web, with millions of users the world over logging in daily to connect with friends, colleagues, and business associates. Their massive popularity has led to the establishment of a plethora of more specialized, niche networks designed to connect people who engage in shared activities. The advantages are obvious – they allow people to make contact with other people who are active in their chosen field, wherever they are in the world, and share their experiences and expertise. This can be particularly valuable for investors, as having the right information within reach can make all the difference between making a profit and a loss.