Most scholars believe that the principles and principles of the money and currency exchange market are the same as the Babylonians, who have known the exchange between them since ancient times. The Babylonian traders exchanged goods among themselves. Currency trading, ie foreign currency trading specifically, is within the so-called stock market, or an extended market in all countries of the world. It is known internationally as an economic term in the word "Forex", where many participants exchange currencies, such as international banks, , As well as some international institutions, the largest global financial market. Thanks to the increasing sophistication of the means of communication, and thus the creation and spread of technology, it is easy to spread the circulation of currencies, in a private market, where you can buy, sell and trade through the computer and the Internet. In this market, or the stock market, thousands of millions of dollars or dollars are sold and sold every second, and the daily turnover is estimated at $ 30 billion. Currency trading is seen as bringing more profits than the stock market. Buying and selling, that is, the US Dollar, the Euro, the Pound, the Japanese Yen, the Canadian Dollar, and the Australian Dollar, is known as a currency swap against another currency equal to the value of the US dollar against another currency. This market was the biggest cause of America's economic crisis at the end of the last century because of the lack of government involvement and support for this market, and also because of the loss of this market to its main center, which led to its spread and expansion in all countries of the world, and lack of discipline. The Arabs have a significant presence in the global stock market, where a study showed that more than seventy thousand Jordanian people, trading about seven million dollars in foreign currency in a day. Despite the ease of trading in this market, so that it can be followed by telephone and the Internet with the banks of the world, and despite the desire of most of the young people in the Gulf trading and currency trading, but because of the weakness of economic media, and non-follow-up currency activities, the public is still far from this market. It remains to be mentioned that the market closes its activity for two consecutive days a week, on Saturday and Sunday, and at 21:00 GMT on Sunday of each week the currency market starts again, continuing for 24 consecutive hours. Forex traders are required to be over the age of 18, owning computers, the Internet and a Forex account. Sources: Wikipedia, the free encyclopedia.
