The foreign exchange market (Forex, FX, or currency market) is a global Decentralized or CTC market for the trading of curencies This market determines with the exception of weekends. Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: US$1 is worth X CAD, or CHF, or JPY, etc.
A currency are examples of currencies. These various currencies are recognized as stores of value and are traded depending on what guarantees the currency's value (the economy at large vs. the government's physical metal reserves).
Currency and operates on several levels. Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the.
My factors led to the metal itself being the store of value: first silver, then both silver and gold, and at one point also bronze. Now we have copper coins and other non-precious metals as coins. Metals were mined, weighed, and stamped into coins. This was to assure the individual accepting the coin that he was getting a certain known weight of precious metal.
JSWSTEEL BUY @ 252 TGT1 255 TGT2 257 TGT3 260 SL 249 (10:01)
ICICIBANK BUY @ 492 TGT1 496 TGT2 499 TGT3 503 SL 488 (10:09)
Buy and Hold for good returns in Jan.