Monday, June 11, 2007

Forex Emergence

in 1944 in the period between 1 to July 22,in the Summer Resort in Bretton Woods in New Hampshire district, representatives of 44 state met and finished with the establishment of the Bretton Woods institutions, through which created Bank for Development and Reconstruction World ..... Development International bank of reconstruction and the International Monetary Fund.
Bretton Woods institutions aimed at creating some sort of consistency in the monetary policy and exchange rates between the countries of the world through the development of the foundations of transition Rees funds between States, the basis for the facilitation of international trade by linking the price of the global Currencies
with a small margin of increase or decrease no more than 10% of the basic price of U.S. dollar exchange rate and the gold price at the time of $ 35 per ounce. Prior to the establishment of this Convention since 1867 currency rates were associated primarily ounce price of gold making it almost invariably whether differences in the exchange rate is meaningless because any exchanges of international trade was conducted through the exchange rate versus ounce gold.
As we stated the objective of this Convention and earlier of the peg is to stabilize prices of gold currency for international trade and is not even any lifting or reducing the price of its currency in order to obtain the benefits of conversion to and from the currency when conducting export or import.
General work has continued this Convention from 1944 until the mid-1950s, where the enormous expansions and developments that have occurred in international trade after the Second World War as well as the need Rees funds for the transition from country to country around the world in the reconstruction operations and the establishment of what destroyed by the war raging, this massive movements of funds caused Rees also considerable dislocation in the rules and bases exchange has been agreed upon in the Woods institutions. Finally, work stopped this convention , in the year 1971 is no longer the gold basis for determining the value of the American dollar, and in 1973 became the currencies of major industrial countries more flexible and become the main factor to calculate the value is a factor of supply and demand. The value of currencies during the 1970s changed daily peaks and valleys and deliberative large size, which led to the evolution of currency trading in its current form and to the establishment and development of financial instruments and to face new economic and benefit from developments in the largest markets in the world foreign exchange market, In the 1980s and the increased spread of the movement Rees funds with the emergence computers and associated techniques, spread to new areas in Asia, Africa and Latin America and confirms the continuity of the market, which now includes countries from all continents of the world. In these times is enough indication of the size of proliferation that has occurred in the foreign exchange market to recall that the volume of transactions in this market jumped from No. 70 billion dollars a day during the 1980s to the No. 1.5 trillion in 2001.
Eurodollar Markets
no doubt the rapid developments that have occurred in Europe add great place for the currency market and Have led to the emergence of
(Eurodollar markets), which means the possibility of filing dollar deposits in banks outside the United States of America, which means the possibility of deposit and deposits in any bank in any state and non-local currencies. It was the beginning of the market (Eurodollar) in the 1950s and the beginning of the cold war between the United States and the Soviet Union, where the Soviet Union had deposited proceeds from the sale of oil and obtained by the American dollar outside the United States for fear of the United States to freeze the assets, This has increased the amounts deposited outside the United States and the American dollar, which prompted the Americans to legislators to formulate laws to curb lending to foreigners, were generally (Euromarkets) more attractive because it gives more revenues and lower requirements, American companies, making the same with the end of the 1980s tend to these markets in the European utility deposit excess amounts and the financing of export-import operations, and London is still the center of the main European markets, this importance has increased dramatically in the 1980s after the British banks giving loans in dollars instead of pound sterling to maintain the leading role of these banks in the international finance. The development of London geographical allowed it to play this role since the pioneering markets operating during Asian and American markets in addition to the European market.

The new currency market

The world has witnessed dramatic changes in recent years, the methods and tools of new investment in the accelerated proliferation, and use of modern technology has become a necessity in order to take informed investment decisions and profitable and at the same time minimize the risk, among all global markets or new initiates shares shows foreign exchange market, with its advantages as one of the most widespread and profitable markets and investor-friendly, it is a central location not required for the completion of the sale and purchase as is the case for example in the equity markets, but that its operations can be carried out either by telephone or Internet in addition to the margin, and the high volume of daily circulation of all this make the currency market the largest markets in the world, but Rees movement of funds to and from the stock markets or real estate for example, participation in the foreign exchange market if the investor intends to purchase the shares or real estate abroad, For example, if an investor wants to buy shares of Japanese American it would be forced to sell the yen and buy the dollar in order to complete the procurement process and when it wants to sell those shares they sell the dollar and buy yen.

Welcome

Welcome, my dear,
this site specializing in currency trading (forex)...
Here I will offer my practical experience in forex... In addition to many theoretical lessons that will help you understand the movement of currencies in a new way. And on the way to that I will also provide information on the history of the emergence of forex and explain the tools used and evaluated .. This will place renewed and wherever needed useful I will not hesitate to provide a simple and easily understood ...
This place fits rookie and a professional because the topics will be serialized and Scalable ... Thank you once again