History of growth of money in the forex market

The development of the market Forex is the direct result of the growth history of money and change the world. The agreement set the "Bretton Woods" in the July 1944 price of $ 35 U.S. ounces, as well as select other currencies to the dollar. In 1971, President "Nixon" to suspend the dollar link to gold, and allowed the floating of the dollar against other currencies. And so began the history of evolution and thus money forex.

Back to the beginning of the history of medieval coins. Have evolved in the development of securities trading by traders international bankers. Stock trading accounted for these payments is to shift from a third party, which led to the growth and facilitate flexibility in the process of forex trade, with foreign trades. It is clear that this part of the exchange date above is the Forex market as we know it today

Started when

The U.S. dollar is not always the basis of currency trading, currency trading has started to pound sterling (GBP) as trade currencies all against it

Change it in the Second World War, Britain was destroyed as a result of war, and as well the case for the value of its currency. The war and the fact that the United States is the largest country keeping its currency stable, and as a result of the U.S. dollar is the money leader. Dollar is linked to the amount of gold in time, and can now expect even more. Those days have changed, of course, but the history of money is the foundation is important in developing the Forex market

Currency trade

Having concluded that "Nixon" correlation of world gold coins in the seventies, he began to trade currency due to new situations. Everything is floating, and gained currency and lost the free market

The currency traded on the "CME" in global financial markets, becoming a large market in need, but there was a sticking point, there are those who want to trade currencies around the world, but the global financial market is the only work period of time working on the Chicago Stock Exchange, and for this it is necessary to make money trading history has given us another

Starting Forex

Fluctuations in currency rates continue to attract entrepreneurs and investors in the currency market. There have been times, that huge swings, and lots of movement occurring, and then exit the computer

The use of computer trade goods of the most important influences in the history of finance, has changed everything. Developed programs that make online trading free of impurities, and suddenly there are no limits. Can be a trader in Hong Kong that the trades in both markets at the same time with the rolling of Miami

The link between entrepreneurs from around the world has become possible thanks to computer technology, and entrepreneurs have become more sophisticated because of the growth of technology, software and communication tools. And the result was the birth of the Forex market, and entered the history of currency trading with other new stage, a stage of currency trading at all times.