It's time to dispel a few more misconceptions about Forex that stand between you and your financial freedom. Let's see how things really are.
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When you hear that news has a big impact on the market, you imagine that the news itself has weight. However, it is not. It is the reaction of traders to some events that determine the direction of the Forex market. That is why quotes can be affected not only by the official releases of some important economic news. Today, even social networks can manage the market.
Have you ever changed money in an exchanger? Then you can say that you are already a participant in the foreign exchange market. Trading on Forex takes place online, but the principle remains the same - you sell or buy currency and exchange it for another. That’s why Forex instruments come in pairs.
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