Forex Trading in Kenya – What Investors need to Know - The Star, Kenya
Forex Trading in Kenya – What Investors need to Know - The Star, Kenya Forex Trading in Kenya – What Investors need to Know - The Star, Kenya Posted: 29 Jun 2020 11:30 AM PDT The Forex Market involves buying, selling, or exchanging currencies from all around the globe. It determines the exchange rates of all global currencies and is the largest financial market in the world with a daily volume of $6.6 trillion in transactions. The participation of Governments, Banks, Global Companies, and Institutional investors make up the majority of this market. Retail Forex Trading is a smaller segment of the Forex Market where retail investors speculate on the exchange rates between various currencies. How does Forex Market work? The two main factors that move the forex market are supply and demand. If the supply is more than the demand for a currency, its value will decrease, and vice versa. Other complex factors also affect the valu...