What is foreign exchange trading

The answer is actually very simple, it's tradingMoney "。

Because you are not buying the item itself, this kind of transaction can confuse people's understanding of transactions.

Treating buying currency as buying shares of a specific country is somewhat like buying stocks of a company. The price of currency directly reflects the market's judgment of a country's current and future economic situation.

When you buy Japanese yen, it means you have invested in the Japanese economy. You are betting that the Japanese economy will perform well and even get better over time. Once you sell those 'shares' to the market, your hope is to make a profit from it.

Generally speaking, the exchange rate between a country's currency and other countries' currencies reflects the comparative economic situation between that country and other countries.

When you fromforeign exchangeAfter graduating from school, you will be eager to pursue a career related to currency.

Currency abbreviations are composed of three English letters, with the first two letters representing the country or region and the third letter representing the currency of that country or region.

takeNZDSpeaking of which,NZRepresenting New Zealand(New Zealand), andDIt represents the New Zealand dollar.

The currencies included in the chart are considered the 'major' currencies because they are the most widely used internationally.

We will also let you know, “buck”Not just the only nickname for the US dollar.

The nickname of the US dollar also includes:greenbacks, bones, benjis, benjamins, cheddar, papar, loot, scrilla, cheese, bread, moolah, dead presidents, as well ascash money。

So, if you want to say, I have to go to work now.

On the contrary, you can say, 'Oh, I'm going to bounce!! Let them become...'benjisMy son! “

Or if you want to say, 'I have a lot of money. Let's go to the shopping center tonight.'“

On the contrary, why don't you say, 'Oh, I'm crazy.'scrillaI will go to the shopping center later. ”

Do you know that in Peru, people's nickname for the US dollar isCoco(cocoa)It is calledJorge(Spanish isGeorge)The name of the pet, and1The portrait on the US dollar bill happens to be the first President of the United States, George Washington(George Washington)

They call me Coco yo!