CFDの定義
Retail FX trading represents a small segment within the overall foreign exchange market. In this form of trading, individuals do not physically buy or sell currencies. You don’t need to own yens to buy pounds, or Swiss francs to buy Russian rubles. Instead, it involves speculating on the direction of exchange rates between two currencies, facilitated through contracts for differences (CFDs). If you expect the exchange rate of a currency pair to go up, you take a long position (buy the base currency and sell the variable currency). Conversely, if you anticipate a decrease in the rate, you enter a short position (sell the base currency and buy the variable […]
FX市場
In this lesson, we will explore the evolution of the FX market in recent years. Prior to 1996, the forex market was predominantly accessible to large financial institutions, central banks, corporations, governments hedge funds and very wealthy individuals. Participation in the forex market was quite challenging because you needed substantial balances to generate significant profit. To capitalise on fluctuating exchange rates, individuals had to maintain multiple bank accounts, each one denominated in a different currency and transfer funds between these accounts. This process could be inconvenient as FX transactions could take up to three working days to clear. Given the dynamic nature of the FX market, a lot could change […]
通貨ペアの分類
Today we’ll explore the categories of currency pairs. Currency pairs are divided into three primary categories, majors, minors and exotics. The major currency pairs feature the US dollar on one side, either as the base or the quote currency. This is because the US Dollar is considered as the world’s reserve currency, a status established through the Bretton Woods conference agreement of 1944. During this conference, the US Dollar was fixed to a rate of $35 per ounce of gold. Even though the agreement was superseded by the free market system, the US dollar is still considered the global reserve currency. Major currency pairs remain the most frequently traded pairs […]
FXの取引
Forex trading involves buying a currency and simultaneously selling another with the expectation that the currency you bought will increase in value. It’s essential to note that each currency pair comprises two currencies. The one listed on the left-hand side is the base currency, and the one on the right-hand side is the variable currency, also known as the quote currency. Consequently, traders have two options when they open a position to start trading. They can either buy the pair or “go long”, which involves buying the base currency while simultaneously selling the variable currency. Alternatively, they can “go short”, which involves selling the base currency and buying the variable […]
為替レート
We’re all familiar with money, but how do we define it? Over time, money has taken on various forms. Among the items historically used as money were stones as well as metals including gold and silver in various forms and sizes. Nowadays, some even characterize cryptocurrencies as a form of money, though this is still a subject of debate with discussions around whether it is money or investment assets. Investopedia offers a comprehensive definition of money: “Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy. Money provides the service of reducing transaction cost, namely the double coincidence of wants. […]
通貨ペア
As there are hundreds of currencies available, it is not feasible to monitor each one. The key currencies are the US Dollar in the US, the Euro in the Eurozone, the Pound in the United Kingdom, and the Yen in Japan. Generally, each country maintains its own currency. However, there are instances where multiple countries form an alliance and adopt a common currency, such as the Eurozone. It’s essential to note that some European Union members retain their own currencies. Additionally, some countries peg their currency’s value to another currency. For instance, several Caribbean and central American countries maintain stable, fixed exchange rates to the US Dollar, while other countries […]
フォレックス市場の主要プレーヤー
So, who are the key players responsible for creating such a substantial daily turnover volume in the FX market? Governments and central banks: National governments and central banks play a significant role in the FX market to either strengthen or weaken their currency by buying it or selling it respectively and adjusting their foreign exchange reserves. A central bank could, however, intervene in the forex market to increase or decrease inflationary pressures within their economy. In general, however, a weaker domestic currency stimulates export and makes imports more expensive. Commercial banks and financial institutions: Commercial banks and financial institutions address the foreign exchange needs of their clients which includes imports […]
FXの紹介
Foreign exchange is referred to as forex, or FX in short. The FX market is a marketplace where you can engage in trading or exchange of currencies. It operates as a decentralised over-the-counter market (OTC), with no actual physical central exchange. Commodities, stocks, debt securities and derivatives are just a few of the securities that can be traded in OTC markets. The foreign exchange (forex) market is the largest financial market globally, and comprises banks, commercial companies, central banks, investment management firms, hedge funds, retail forex brokers, and investors. Trading in the forex market takes place through phone and electronic communication networks (ECNs) in various markets across the world, rather […]
