The foreign exchange keeps dish to mean USD as to it's the bargain of his currency.For example:Euro/USD, USD/yen, pound/USD.
Cross the dish means the bargain of of two not- beautiful currencies.For example:Euro/pound, euro/yen, pound/yen.
Foreign exchange foundation knowledge:
The foreign exchange is the brief name of international exchange.Usually point to mean by foreign currency of can used for international legal right obligation to settle accounts of various pay means.Include:The foreign currency, foreign currency deposit, foreign currency negotiable security(government bond, treasury note, corporate debenture, stock...etc.), foreign currency pays certificate.(the note, bank deposit certificate, postal service save certificate etc.)
In the each kind investment item, the most fair but the person draw on most of can be regarded as foreign exchange security deposit bargain.The foreign exchange security deposit bargain is the terrace that the investor is provide with the bank or the foreign exchange agent company to carry on foreign exchange bargain.The bank or agent company generally can provide above 90% of trust, in other words investor as long as hold to have 10% or so funds(security deposit) can carry on foreign exchange bargain, take synchronous foreign exchange condition of the market in the world as a bargain data. This is to pass funds lever principle, sign to entrust foreign exchange seller's contract, pay the bargain security deposit of certain ratio, then can become to doubly enlarge of the foreign exchange trade.For example:You have USD 1000 in a funds account, what company provide of the foreign exchange agent is 1:200 lever rates, you can own to buy purchase of the tallest USD 200000 ability.
The foreign exchange bargain exchanges another foreign currency by a kind of foreign currency.The offer is usually a rate of exchange, use the exchange of comparison of two kinds of currencies to mean, for example:USD/JPY, GBP/JPY.The rate of exchange is the first currency(Be a foundation currency) to mean price with the second currency(conduct and actions account price currency).For example:The rate of exchange of USD/JPY is 120.10 namely mean that USD 1 exchanges 120.10 yens.A kind of currency can't be alone come remitting price.The minimum unit of rate of exchange marked price is called a point.The rate of exchange of GBP/JPY from 243.50 become 243.51, namely the rate of exchange rose a point.
Thering is no own foreign exchange company in domestic currently is all business agent.Local now amount of customer on the market the biggest terrace is FXSOL and blessing of the ODL FXDD to remit respectively.
The ODL main business agent has to remit an international dragon to remit the United States to remit etc.
The FXDD main business agent has second the third Hangzhou to remit etc.
The FXSOL main business agent is that the wreath is second
The blessing remits because of the reason of its operation method and the domestic didn't have the business agent of real strenght.
The foreign exchange bargain market is the biggest financial product market in world, day till September, 2007 all the trade amount attain USD 320,000,000, equal to and American stock market of 3000%, Chinese stock market day all trade amount of 60000%.The foreign exchange bargain say means in the meantime everyday buying a kind of currency within a rightness of currencies combinations but sell the bargain way of the foreign exchange of another currency.International various currency on the market the rate of exchange motion of is multifarious, and trades the form by currency mutually, for example euro/USD or USD/yen.
The foreign exchange trades the main advantage of market to lie in its clarity higher, because the trade amount is huge, main funds(such as government foreign exchange storage, multinational financial group funds exchange, foreign exchange speculation the company's funds operation etc.) to market rate of exchange variety of the influence ability be very limited.See to the basic situation analysis of the rate of exchange motion on the other hand, can rise to more and greatly influence of usually important data(like GDP, central bank interest rate) announce by governments in all countries, talk of ranking government official, perhaps the international organization(like European Central Bank) release of news.
The foreign exchange bargain market doesn't have concrete location, there is no center trading post and all bargains are between the bank to pass what network carry on.Can participate bargain at any time in the world for any financing institution, government or personal everyday 24 hours.
